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ADN, ANDROMEDA METALS LIMITED |
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![]() Posts: 702 Thanks: 5 ![]() |
Some recent musings of mine:
Adelaide Resources merits a look as an exploration speccy given its interest in the Tripitaka mineral sand discovery by Iluka and its 100% interest in the Warramboo Iron Project on the Eyre Penninsula in South Australia. Warramboo sounds very similar to Trafford Resources project - in-ground grades of 15-25% magnetite, which can be upgraded to a 70% iron concentrate. Interesting to conjecture on the SP potential of ADN if it were to be promoted with the same vigour as Trafford's project. R/happy -------------------- |
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![]() Posts: 679 Thanks: 5 ![]() |
Peter Taylor got it all wrong in his morning report. Wrong code for ADN (he had AND) .... and wrong tenement. He jusy issued a correction. He must feel like this today ![]() |
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Posts: 741 Thanks: 45 ![]() |
Run hard this week, it's gone berserk. Apparently this mornings news claims in SA indicate that it rivals Olympic Dam.
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![]() Posts: 679 Thanks: 5 ![]() |
From today’s Sonray equities report by Peter Taylor (With the correct ASX code for Adelaide Res.) Extra bonus - located in the friendly U-mining state of SA. ADN's chart before today's spike to 70c.
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Adjusted again to .45 Was this caused by some sort of error? |
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Anyone else following at close? Dropped to .039 with volume approx 1,500,000 then adjusted to .35 with volume now showing 1,300,000. Any ideas as to what has happened here?
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![]() Posts: 989 Thanks: 228 ![]() |
Trading Halt
![]() Hope it's big news. Fingers crossed. |
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![]() Posts: 236 Thanks: 1 ![]() |
"bulletin'' article opened up some questions about the integrity of some of the uranium plays. likely to end in tears. however adelaide resources is a serious play as witnessed by their recent jv with plenty of palaeochannel country out there. could be a similar success story as was with the eucla basin sands.
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![]() Posts: 989 Thanks: 228 ![]() |
alioop, buggered if I know. 10,000 tonnes plus at high grades and shallow depths would do me just fine. That and the JV with Iluka would be a nice platform to stardom. |
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Posts: 119 Thanks: 1 ![]() |
AJ how much U do u think it has? Alioop |
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