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4.35%

2.2¢ andromeda metals limited

just spilt my morning coffee. brilliant.

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Wado777

1,335 Posts.

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22/05/24

09:32

Post #: 73947345
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Originally posted by bottle: ↑

My goodness, the Death & Disaster crew are up early - no doubt to see if the sun was going to rise this morning.

Terry is checking for us on imaginary carparks and a volcano that last erupted in 1538.

Only 600 kilometres from the greatest pure-white undeveloped kaolin deposit in the world lies the Mt Gambier / Mt Schank volcanic complex. This is classified as 'dormant' and hence could explode at any second - with catastrophic effect on one thousand sheep nearby.
Probably should get an update on that situation from HoneyHole.

Meanwhile...ADN have just advertised for 3 mid level positions to start immediately. It seems to me we're set to go mining.

Does the share price double on that announcement?

Currently on a Market Cap of $56m. What MC for a mine about to go into production (with an Internal Rate of Return between 25 and 30% - with ramp up options having an IRR of nearly 80%)? A market cap of $200 - 300m seems plausible.

Meanwhile - as we wait for the inevitable finance announcement - the sun has risen and not a volcano or asteroid in sight. The birds are singing, the missus has left for work. The market is about to open. It's going to be a beautiful day.

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just spilt my morning coffee. brilliant.

ADN Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change -0.001(4.35%)		Mkt cap ! $68.42M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.2¢	$81.7K	3.658M

Buyers (Bids)

No.	Vol.	Price($)
8	2111237	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	56816	6

View Market Depth

No.	Vol.	Price($)
8	2111455	0.022
9	2411428	0.021
12	1925752	0.020
10	2323444	0.019
8	2446038	0.018

Price($)	Vol.	No.
0.023	56816	6
0.024	1252566	15
0.025	3665056	15
0.026	2066939	10
0.027	703000	7

Last trade - 15.31pm 23/07/2024 (20 minute delay)

ADN (ASX) Chart

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