peer comparison, page-9

Andromeda Metals’ new Chairman, Mr Rhod Grivas, has over 25 years’ experience  in all facets of the mineral industry from board representation, executive management, government partnerships, marketing, financing, operational management, feasibility studies, project due diligence to grass roots exploration. Rhod holds a BSc from Sydney University and is a member of the AusIMM and AICD. Rhod is non-executive chairman of Golden Mile Resources (ASX: G88) which listed on the ASX earlier this year.











As exploration manager for Gilt Edged Mining NL, Rhod planned and executed the exploration programmes that discovered the 2.5 million ounce Hornet, Rubicon and Pegasus gold deposits in Western Australia (now operated by Northern Star Resources), and was managing director of ASX/TSX listed mining company Dioro Exploration NL, building that company from explorer to producer before achieving a 300% premium  in a takeover from Avoca Resources

- Rhod is a gun and ADN are lucky to have him on board here, very experience and now our chairman at ADN

also not sure if anyone else noticed the connection here with Andrew shearer and Pac partners?

As a Resources Analyst, Mr Shearer has covered small to mid-cap resource stocks across a broad suite of commodities. His experience includes roles with PAC Partners Pty Ltd, PhillipCapital, and Austock. He is currently Senior Resource Analyst at PAC Partners  Pty Ltd. Mr Shearer brings strong professional skills and experiences in equity research, investor relations, valuations, supply and demand analysis and capital markets

The placement was made to sophisticated investors with PAC Partners Pty Ltd acting  as Lead Manager to the placement. PAC Partners has also agreed to fully underwrite  the shareholder offer. The combined placement and rights issue will raise a total of $1.98 million before costs, securing the Company’s financial position and allowing recommencement of a material exploration effort.

- it is clear that Mr Shearer being senior analyst and expert in valuation demand and capital markets sees excellent value in ADN and told sophisticated investors there were bags in this from ADN's MC.