ADN 11.1% 1.6¢ andromeda metals limited

James Marsh - MD Interviews, page-36

  1. 125 Posts.
    lightbulb Created with Sketch. 252
    The PFS noted that total capital costs would be $84M (page 3-4):

    Initial Capital Costs $13M
    Working Capital $15M
    Processing Plant Costs $56M

    Total Capital Costs $84M

    Previously the Processing Plant was $35m in the Scoping Study - the increase is due to moving from Dry Processing to Wet Processing, plus the addition of a Drying Plant to ensure transport-appropriate water content. This does not appear to include a centrifuge to separate halloysite from kaolin, so additional costs should be expected - in the low $ millions only I would guess.

    DYOR

 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
-0.002(11.1%)
Mkt cap ! $49.76M
Open High Low Value Volume
1.8¢ 1.8¢ 1.5¢ $797.4K 49.05M

Buyers (Bids)

No. Vol. Price($)
7 2397883 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 2031381 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.