My goodness, the Death & Disaster crew are up early - no doubt to see if the sun was going to rise this morning.
Terry is checking for us on imaginary carparks and a volcano that last erupted in 1538.
Only 600 kilometres from the greatest pure-white undeveloped kaolin deposit in the world lies the Mt Gambier / Mt Schank volcanic complex. This is classified as 'dormant' and hence could explode at any second - with catastrophic effect on one thousand sheep nearby.
Probably should get an update on that situation from HoneyHole.
Meanwhile...ADN have just advertised for 3 mid level positions to start immediately. It seems to me we're set to go mining.
Does the share price double on that announcement?
Currently on a Market Cap of $56m. What MC for a mine about to go into production (with an Internal Rate of Return between 25 and 30% - with ramp up options having an IRR of nearly 80%)? A market cap of $200 - 300m seems plausible.
Meanwhile - as we wait for the inevitable finance announcement - the sun has risen and not a volcano or asteroid in sight. The birds are singing, the missus has left for work. The market is about to open. It's going to be a beautiful day.
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $62.20M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $29.79K | 1.490M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8500 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 1006165 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8500 | 0.020 |
6 | 2044249 | 0.019 |
18 | 3025011 | 0.018 |
10 | 4569549 | 0.017 |
19 | 4078241 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1006165 | 4 |
0.022 | 2736835 | 7 |
0.023 | 503017 | 6 |
0.024 | 811838 | 9 |
0.025 | 3715056 | 15 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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ADN (ASX) Chart |