ADN 6.25% 1.7¢ andromeda metals limited

General comments/chat, page-37388

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    Numbers in September Quarterly: administration, corporate, staff and R&D costs $2.65 million, before new boss and before mining start.
    How is this going to get reduced to $2 million per quarter once the mining starts?

    Exploration and evaluation: $2.6 million.

    AISC costs. In my opinion for the rough numbers we are talking about we can use the DFS numbers.
    Two of them: general and corporate are the expected total costs divided by total tonnage so they my significantly increase per ton with a smaller plant.
    In this case from total of $30 per ton to about $240, if we assume $12 million corporate and general.
    Happy to keep other DFS costs as presented in DFS.

    Overall, very hard to see how the starter plant can be doing anything better than break even.

    I assume that the plans will change and it will be a new direction from the new boss.
 
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