ADN 0.00% 0.9¢ andromeda metals limited

CORNERSTONE INVESTOR, page-3

  1. 2,016 Posts.
    lightbulb Created with Sketch. 1279
    $15M in the bank, and the figures coming back from ADN are repeatedly mid $55M. Where is your $80-90 coming from?

    I understand that money in the bank will evaporate, environmental bond, runnings costs, long leads.

    To my understanding, exploration costs will be neglible (just to meet Eyre committments). You can safely remove them as significant.

    @newregime Fully agree. My understanding is that Debt Funding is the focus, and there were interested institution/cornerstones who would get a look in after the upcoming announcements. That 'Linked In' post looks like a prod aimed at a cornerstone.
 
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