ADN 5.97% 31.5¢ andromeda metals limited

If I overlay the projected 25 month timeframe for ADN from...

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    If I overlay the projected 25 month timeframe for ADN from Scoping Study through to Commercial Production ( i.e. cashflow ) on top of GOR's chart you can see how compressed the development timescale is likely to be compared to typical complex mining startup operations ...

    That compresses the production rerate into a 2 year window instead of a 4.5 year window.

    GOR has 4-5 bagged in the timeframe between their Scoping Study and now. ADN has the potential to do that and more in just over 24 months ...

    Screen Shot 2020-05-30 at 11.44.32 am.png
 
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Last
31.5¢
Change
-0.020(5.97%)
Mkt cap ! $624.7M
Open High Low Value Volume
33.5¢ 34.5¢ 30.0¢ $6.703M 21.14M

Buyers (Bids)

No. Vol. Price($)
1 462593 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 387725 12
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Last trade - 16.10pm 24/11/2020 (20 minute delay) ?
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Last
30.5¢
  Change
-0.020 ( 6.84 %)
Open High Low Volume
34.0¢ 34.5¢ 30.0¢ 11744470
Last updated 15.59pm 24/11/2020 (live) ?
ADN (ASX) Chart
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