ADN - Andromeda Metals Limited

I've been invested in this stock for over a year, I've seen it rise from sub 1c to where it is today, I am still holding and plan to for much longer.

ADN is going to be one, if not, the only high-quality Halloysite producer in the world. It has deposits in South Australia. The world are screaming out for Halloysite, but, there is no commercial-sized supplier currently.

It is agreed that it is the best product to be used in the petroleum industry, but they can't get supply so use an inferior product.

There are currently over 7000 research papers going on, and last year alone 70 patents were granted for using Halloysite, but there is no supply.

They have recently released a SS, the numbers were amazing, but they were also being very conservative, they want to under promise and over-deliver. The SS was only for a very small part of one deposit that has a JORC and will soon be upgraded with the data from recent drilling.

The recent AGM presentation Ann gave us an updated timeline, but again the timeline is conservative and I expect them to be breaking ground by the end of 2020. the SA goverment wants to use ADN as an example to other companies for how stuff should be done.