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Shares crater as Andromeda delivers kaolin DFS, appoints Wilkes

ANDROMEDA Metals shares hit an almost 18-month low today as the company announced a key appointment and delivered a definitive feasibility study for the Great White kaolin project on South Australia’s Eyre Peninsula.

Haydn Black
Great White's DFS has been savaged by the market

Great White's DFS has been savaged by the market

The DFS outlines an operation with a pre-tax net present value of A$613 million, an internal rate of return of 36%, and EBITDA of $2.3 billion over the 28 year life-of-mine.    Average earnings for...

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