Share
11,249 Posts.
lightbulb Created with Sketch. 29637
clock Created with Sketch. 22/11/19
10:18
Share
Originally posted by ozemania
↑
To understand MY’s obsession with trying to talk down ADN you just need to look at what he is trying to do at ATC.. He recently posted a chart there with a rocket upwards.. reality the SP did the opposite.. he then tried to call it a textbook cup and handle, however that pattern has now broken down on volume too. The MACD crossing negative, a decent volume drop below the 200 day SMA.. the charts next stop is potentially testing the bottom of the ‘cup’.. not looking good at all. I’ll assume the market is playing cautious due to the massive debt required.
Expand
We will probably see ADN's IRR significantly improve with the optimised scoping study. Perhaps reasonable for IRR to reach over 200%. That would make sense based on the info from the Coffee with Samso video. Expecting lower OPEX, similar or lower CAPEX and better margins.https://samso.com.au/coffee-with-sa...e-and-the-kaolin-industry-the-myth-and-facts/
(20min delay)