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Poochera to pay off

IT will cost Andromeda Metals $9 million to get the Poochera halloysite‐kaolin project off the ground but with cashflow over the fifteen year life of mine expected to top $800 million the healthy 174% rate of return should see Andromeda Metals make its money back in just 15 months, according to scoping study results.

Karma Barndon
Poochera workers will live in or around Streaky Bay in SA

Poochera workers will live in or around Streaky Bay in SA

The project will also provide 30-40 jobs, with workers to live locally or at nearby Streaky Bay. Andromeda is developing the project with joint venture partner Minotaur Exploration. The 15 year LOM...

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