Last cashflow report ... $1.3M in bank.
$390M planned spend for June quarter.
Maybe not yet. I wouldn't envisage significant spending in the September Quarter either. I would envisage they could get some traction on the below highlighted activities over the 3-6 months from June without expensive on-ground works:
Farm-in from Minotaur is $6m over up to 5 years.
I'd personally like to see the work (and that farm-in spend) accelerated. From what I have seen there is significant history underlying the project. May interpretation is that it has been a sleeper project just waiting for market economics to make a significant shift ( which they have ). This chart is from an ATC preso:
Ann: Andromeda Metals to enter HPA sector and management changes, page-31
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |