In my journey over the last 15 years working in the corporate sector of our industry, I have been frustrated with the 'Asian' mentality of finding a 'deposit' or a so-called 'resource' and then mining it without the proper drill out phase or feasibilities … etc.
This is due to the fact that investors are keen to get to mining and get rewards as quickly as possible. In all cases that I know, they all end up in tears.
In the case of Andromeda, I think the timeframe is similar to that I have just described, and the process is not as complicated as your atypical mineral project.
There is an element of just digging it up and sending it out on the back of a truck. I am not saying that this is such a simple process that you do not need the proper due diligence, but it is almost that simple.
This episode of Coffee with Samso does throw some more light into the 'simple' process for Andromeda.
Managing director James Marsh articulates these simple steps that are required in the coming months very well and I hope viewers appreciate that Andromeda is a unique beast in the jungle.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Andromeda Metals Ltd named herein, including the promotion by the Company of Andromeda Metals Ltd in any Content on the Site, the Company...
Andromeda Metals (ASX: ADN) Managing Director James Marsh joined Proactive"s Steve Darling from the Vancouver Resource Investment Conference to discuss the Australian listed exploration company.
Andromeda Metals Limited has a vision of becoming the world's leading supplier of high-grade...