ADN 12.5% 1.1¢ andromeda metals limited

Streaky Bay Council - a story of a Mine Agreement, page-11

  1. 1,488 Posts.
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    I’ve explained why.not doing it again
    this is now binary.
    bobs either a genius or he doesn’t really understand this type of industrial mineral.guys I ask in heavy mins say it’s hard and a head f$@k because it’s all about formulations and it takes a VERY long time.theres a reason why the companies in this space (that make money) are MASSIVE.they use their own balance sheets and have relationships built from years with their financiers
    i think I read skardon river actually raised the money via the equity markets? pretty sure that’s how they did it. couldn’t make a product to spec and everyone got torched. it wasn’t a bank.
    in theory it makes sense to use a Traxy’s or similar.but they’ve never sold it so how would they understand formulations?
    they’d need to employ a lab of specialists and fully gear up for it and send some of the experts to the mine site. R they gonna do that?
    maybe. or is it easier for them to just sell more of what they already do?
    dunno.
    prolly a bunch of kaolin dudes floating around after the Ukraine mine shut and their apartments got bombed.talk em into moving to bum f&@k nowhere in SA and fill those holiday shacks the other dude posted yesterday.
 
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