Wages are the biggest costs at the moment in Australia. If you have a huge lease Proven already with drilling done, I can't see why you can't Raise 100 million. Like I have Said before, Good cash Flow business in Australia can Borrow 20 to 50 million at 3 %. ADN may not be one at the moment, but Financials should show they can be one!
Ann: 2023 Definitive Feasibility Study Results, page-239
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $20.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $6.086K | 987.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 19625522 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 8039351 | 30 |
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| Last trade - 15.59pm 19/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |