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1.6¢ andromeda metals limited

Yes. Plenty going on at Andromeda. Another job opening was...

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K.A.Ching

912 Posts.

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30/07/23

20:17

Post #: 69064924
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Originally posted by SignOfTheTimes ↑

I'm hoping to post hopefully tomorrow some detail of what can be expected in August. The staff at Andromeda are flat out. Here, a quick snapshot.

August will be a big month: I expect
-> the details of their debt financing and how much is remaining
-> an update from their testing in Spain
-> I expect a DFS better than the last DFS - the biggest price catalyst IMO

September: I expect
-> whether a strategic will partipicate, fill any or partial funding gap
-> a resource upgrade
-> all long lead items orders

October has numerous catalysts as well.

What I don't expect
-> HRM validation. I think this may be a long process. I couldn't give a toss about this today as the IMCD BOA stands. This market is huge, but we have enough demand for CRM, so, even though CRM may not have the fattest margin, its demand is here today, so lets focus on it. HRM can come in 1B for all I care

Bob, has so far done everything he said. We know we have the resource, so with this; I expect all (definitely the majority) of these catalyst met.

Failure of these I will not be happy. But I don't expect that....

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Yes. Plenty going on at Andromeda. Another job opening was posted on Friday too..

Good luck all!

K.A. Ching

ADN Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
25 Upvote

0 Great analysis

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