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Andromeda Metals Receives Letter of Intent for Halloysite-Kaolin Products — ASX:ADN| ASX Mining News & Discussion
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$ADN Andromeda Metals Receives Letter of Intent for Halloysite-Kaolin Products
Andromeda Metals Limited (ASX: ADN), a mineral exploration and development company focusing on halloysite-kaolin projects in South Australia, has announced the receipt of a letter of intent from IberoClays, a leading Spanish company in the clay industry.

The letter of intent expresses IberoClays' keen interest in purchasing up to 10,000 tonnes per annum of halloysite-kaolin products from Andromeda's flagship Great White Kaolin Project. The project is strategically located on the Eyre Peninsula in South Australia. The letter outlines the indicative pricing, product specifications, and proposed terms and conditions for a binding offtake agreement.

It is important to note that the letter of intent is dependent on both parties completing satisfactory due diligence, executing a binding offtake agreement, and Andromeda successfully achieving commercial production from the Great White Kaolin Project. The letter of intent itself is not legally binding and does not guarantee the finalisation of a binding offtake agreement.

This letter of intent ...

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?