IMO the BFS was an optional step for ADN because stage one was DSO an they had enough funds to get there...
However, through last year the potential markets for ADN broadened.
In the project update and interview there were suggestions that ADN will be accelerating the project and not growing organically. This will require financing of some sort and the indication of a BFS suggest monies borrowed as opposed to further dilution from equity raising.
- Forums
- ASX - By Stock
- ADN Fully Valued @ $500M MC?
IMO the BFS was an optional step for ADN because stage one was...
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $13.76K | 1.637M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 17425801 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 16335345 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 17425801 | 0.008 |
66 | 31048919 | 0.007 |
52 | 20982989 | 0.006 |
20 | 12891789 | 0.005 |
7 | 8025000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 16335345 | 19 |
0.010 | 10266819 | 16 |
0.011 | 27396522 | 9 |
0.012 | 30095921 | 8 |
0.013 | 2380111 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |