ADN 6.25% 1.5¢ andromeda metals limited

General comments/chat, page-33672

  1. 6,741 Posts.
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    My post was in reference to ozopen’s comment on which I totally agree.
    the graphite company has a tremendous amount of hoops to jump over and is doing so in a very timely manner considering the tight constraints that have been put on them, eg asbestos, water
    purification, tailings,etc etc. it obviously is going to take a lot longer than ADN, but it is already in the queue, we however seem to be in no man’s land on a permanent basis. My point is, us being in production by Mid next year is as silly as us breaking ground by Feb this year. Production means getting the equipment, apart from transport issues and cost blow outs, we need to order them, I have not seen anything to suggest we have done that, my basis for this is the original statements that these items are expensive and need to be paid for in advance, hence the need for the CR in general, the current cash position says to me that nothing has eventuated as yet. I am sure I will be corrected if that is not the case.
 
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