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Andromeda’s HPA breakthrough sharpens the stakes for Great White funding

7:22pm on Tuesday 29th of September, 2026 AEST • Mining
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Andromeda’s HPA breakthrough sharpens the stakes for Great White funding

7:22pm on Tuesday 29th of September, 2026 AEST
Key Points
  • $105.0 million statutory loss after a $98.9 million impairment
  • Great White early works completed and approximately $40 million equity still required
  • Credit-approved $75 million Merricks Capital debt facility remains subject to final conditions
  • Continuous pilot plant produced HPA at 99.9986% purity
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