Ok summarising.
Andromeda recently released an updated definitive feasibility study (DFS) for TGWP, resulting in a 65% increase in the project's Net Present Value (NPV) to $1.01 billion and a 59% increase in average annual EBITDA to $130 million. These improvements are attributed to factors like rising global prices, an enhanced product mix, and improved margins.
This is all true
Andromeda aims to target high-value markets with its halloysite-kaolin products, including ceramics, porcelain tableware, and cement additives. The company's strong prospects are supported by its Tier 1 location in South Australia, low-risk mining and processing, and a minimum 28-year mine life.
This is all true
Both MST Access and Curran & Co. have issued bullish reports on ADN, with MST Access valuing the company at $0.21 per share, representing a 600% increase from the previous share price. This reflects the project's rare and valuable nature, ideal location, and strong market demand for high-quality kaolin.
Again all true
Andromeda's near- and medium-term plans include securing final funding, commencing construction, signing offtake agreements, and ramping up production to a capacity of 300,000 tonnes per annum. The company's solid fundamentals and the positive outlook for TGWP have attracted favourable attention from analysts.
Once again true
With these factual details, we find ourselves in a waiting game, as many have pointed out previously. The anticipation is building for significant announcements that are expected to ignite the stock price.
God bless and good luck to all we are dam close now.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.75M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $26.97K | 3.576M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 18073177 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 10980202 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 287989 | 0.008 |
56 | 19598177 | 0.007 |
51 | 21089141 | 0.006 |
28 | 14731122 | 0.005 |
8 | 10525000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 287990 | 1 |
0.008 | 10562941 | 18 |
0.009 | 16282560 | 16 |
0.010 | 9936966 | 12 |
0.011 | 14267431 | 6 |
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