ADD 0.00% 0.3¢ adavale resources limited

Ann: Financing Secured to Progress Kabanga Jirani Nickel Project, page-5

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  1. 9,718 Posts.
    lightbulb Created with Sketch. 2929
    That’s a heck of a lot of options, but they need to double the SP from here to make any money on em - could be worse.

    Unsecured and at 12% , they’d want to see some drilling success or they’ll not see their money back either.

    Last chance saloon for African drilling in this six month period. (If they can even manage to get it done that quick, timelines not this company’s strong point - actually nothing is this company’s strong point).
 
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