ADN 16.7% 0.7¢ andromeda metals limited

General comments/chat, page-38220

  1. 3,075 Posts.
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    I wouldn't worry too much about shipping costs, in Australia at the moment, the old saying supply and demand is starting to wear thin. Everyone that thinks and believes they deserve more money has got out of control in Australia. Just have to look at any Government Infrastructure job and ALL have blown out, in the Billions. Very hard to do anything here with costs, wages, materials and insurances out of control. Thats why most businesses using the likes of Perlite and other sand-based mineral's import from the likes of Turkey and other low-cost Countries as is cheaper to import than dig IT up here even with increased import shipping costs. Easy way to look at IT is a few years ago a barbeque chook from IGA was $8 bucks, try $14 now. Let's hope ADN Management have some trick up their sleeve to Mine Clay at a Profit. Do you think some Mine Management in Turkey would be on $8000 Aussie a week!
 
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