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12.5%

0.9¢ andromeda metals limited

Ann: Quarterly Cashflow Report, page-28

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ezirida

6,428 Posts.

1044

01/08/19

02:00

Post #: 39799870
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Originally posted by Duckie0001: ↑

July 29
307,000TPA of LOI received- a lot bigger then expected
July. 30
Response to ASX Query
ADN's response showing LOI's were signed 4 days before quarterlies released.
July 30
Quarterly released showing "SS prior to end of September"
July 31 @oke post#39792687
"has good authority 5 minute before the ANN was made that the SS will be made in August "
July 31 @MostPalone 3977660
"SS to add in the 307,000tpa into it"

With this timeline it gives me great confidence in the management team and the future of this company.

With that size of potential offtakes being signed 4 days before the quarterly. I would not expect any company to guarantee a competed SS within a month. It does show that they are confident of them going through then add on all the side projects and what gold prices are currently. Very exciting times ahead! DYOR Good luck to all!!

Expand

add to this timeline that ADN may in fact complete further offtake agreements / have approaches for offtake agreements before the release of the SS

there is so much going on here and it's moving quickly

GLTAH

ADN Price at posting: 3.5¢ Sentiment: None Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 0.9¢		Change 0.001(12.5%)		Mkt cap ! $30.85M

Open	High	Low	Value	Volume
0.8¢	0.9¢	0.8¢	$77.13K	9.638M

Buyers (Bids)

No.	Vol.	Price($)
6	1908788	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	22072475	32

View Market Depth

No.	Vol.	Price($)
6	1908788	0.008
61	29974136	0.007
29	10093156	0.006
17	14206199	0.005
5	7450000	0.004

Price($)	Vol.	No.
0.009	22072475	32
0.010	6137677	10
0.011	27266522	8
0.012	29515921	7
0.013	2310111	3

Last trade - 15.35pm 16/10/2024 (20 minute delay)

ADN (ASX) Chart