I don’t think you read the crowd ( holders ) very well .
Your downramping target and sell is poorly chosen .
ADN / (MEP ) is very solid , and funding for complete project will not be difficult . Also the people backing this company are very strong, and prepared to back ongoing .
The Poochera , Great White Halloysite - kaolin resource alone you can say has 50+ year mine life .
The global supplies are low and anything like the GW quality and grade of resource non- existent, and the high grade NZ mine is just about - mined out . Chinese mines , also mined out .
Fundamentally , this company is to have significant cashflow within 12mths to 2 years , then onwards and onwards.
Governments highly supportive .
How much do you think the company and resources held , could sell for ., if was for sale .
(Which it most definitely is Not !)
ADN CHART, page-4410
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.75M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $48.48K | 7.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 22147619 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 12631090 | 12 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |