They have received more updates on the geology layout. They are starting to work this out.
They already have interest from offtake/pre-pay/Capex financing.
The Blackcat feed back on the Canga would be interesting. They have 10s/km of the stuff. Looks like 50-60%FE. They can upgrade that to a DSO product by the sounds of things. 6 rigs spinning. This thing is on full speed with interests from trading houses, mining companies, barge operators and mining contractors.
I think these guys will get a resource target out of this program and go for offtake and partners this year. Flanno isnt wasting time. This is super cheap at $40m market cap. If he pulls off the offtake/partner, this should multi from these levels. dyor
Ann: Market Update Presentation, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.42M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $12.24K | 6.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 158 | 459221563 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 71967705 | 22 |
View Market Depth
| Last trade - 12.43pm 15/10/2024 (20 minute delay) ? |
| AMD (ASX) Chart |