the world is in a bit if mess with rising inflation ,war etc. Overall inflation will peak soon enough and when it does that will most likely be the bottom for the market. Whilst interest rates are going up, they will still be low by any long term standard and banks are still keen to loan as they will make more money now, we have just been spoilt for some time now on the low rate front. Share price will go wherever the market will take it at the end of the day but we are 12 months away from production so hopefully that time frame is met within reason and rerate of the SP will occur. If we go to 4 cents it will be very disappointing for all holders regardless of their investing timeline but it is what it is.
We have to remember we need to be up and running before we can commercialise any of the Blu Sky potential we have hence why management are solely focussed and progressing on the production plan.
plenty of funding discussion and Im not fussed if we raise through a combination of debt and equity. As long as we have the money to start production then i am happy.
ADN Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
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