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How Andromeda Metals is Making Strides with The Great White Project — ASX:ADN| ASX Mining News & Discussion
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$ADN How Andromeda Metals is Making Strides with The Great White Project
Australian mining company, Andromeda Metals Limited (ASX: ADN), has released its quarterly activity report for September 2023, showcasing the progress made in advancing The Great White Project (TGWP). Let's dive into the highlights of their achievements during this period.

Enhanced Economic Outlook

The updated Definitive Feasibility Study (DFS) conducted by Andromeda's team included a comprehensive strategy review that resulted in an enhanced product portfolio targeting high-value markets. The study revealed significant improvements in economics compared to the previous year's DFS, with a 65% increase in net present value (NPV) to $1.01 billion over a 28-year mine lifespan. Additionally, there was a 59% increase in average earnings before interest tax depreciation and amortization (EBITDA) to $130 million per year.

Positive Offtake and Commercial Agreements

Andromeda announced several positive developments in their offtake and term sheet agreements. They received a Letter of Intent from IberoClays SLU, securing exclusive distribution of 15,000-20,000 tonnes per year to the ...
How Andromeda Metals is Making Strides with The Great White Project

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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?