ADN 0.00% 1.6¢ andromeda metals limited

Ann: Binding Offtake Agreement signed with Traxys, page-86

  1. 1,472 Posts.
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    there will be a cr at a discount to current price , that’s a given. finance cannot be sort with no real offtake. an offtake from a distributor that is conditional to them being able to on sell it does not qualify for finance. Then u have the port , roads infrastructure water etc etc
    so the money won’t come quick enough for u run out
    traxy won’t stump up money before they have sold product
    that’s why there’s a raise coming to keep the lights on.

 
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