An ASX Kaolin Giant in the making - DFS Completed - Andromeda Metals Limited (ASX:ADN)

James E Marsh clears the air about Andromeda Metals Limited (ASX:ADN)

over Coffee with Samso Episode 138

 

The time has finally come with the release of the Definitive Feasibility Study (DFS). The long awaited release of the Andromeda business.

 

When I last spoke to Andromeda Metals Limited (ASX: ADN) in late 2021, the company was basically doing its best to keep momentum while waiting for the DFS to be completed.

 

The last Coffee with Samso:

 

The Real Halloysite - Kaolin Story - Andromeda Metals Limited (ASX: ADN) - Episode 124

 

The premise of the whole business was that it is a simple business that was going to make a lot of money. The initial reaction from the market was not a good one but I think the temperament of investors need to consume a strong taste of reality.

 

After talking with James Marsh and learning more about the business, I was convinced that the business has moved on from a simple bulk commodity business of blending the Kaolin product. This is now a sophisticated future that is still developing.