ADN 2.04% 4.8¢ andromeda metals limited

General comments/chat, page-109

  1. 1,928 Posts.
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    A simple DSO model would justify a SP of at least 10c sometime within the next 12-18months..............dry/wet processing would take that simple model and the SP to a whole new minimal expenditure........going forward, funds will be obtained from oppies and Chinese investment.

    Don't know why some on these threads are even talking about ADN building a HPA processing plant...........won't happen..........a deal with the owner of an existing HPA processing plant will be the path forward for that huge dilution of existing shareholders while taking on massive debt like PUA and the others..........not a good thing for the SP as they are finding out redface.png

    Nice drop off in volume as the SP hits support and the 20 day eek.png

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