Reply to @MellowYellow's post above: "ADN need to do more than sell clay for making Chinese to crockery to justify the MC........IMO"
Not sure why HC wont let me use the reply featureI disagree.
With a Scoping Study that confirms project NPV of $413m, IRR of 174% and less than $10m capex (which is now virtually all funded) I think the current MC is justified.
When you add to that allowances for:
· pending resource upgrade for the project (since the JORC covers only a small part of the deposit)
· review of the scoping study in progress to also consider wet processing options
· additional 100% owned deposits that have shown to be high grade halloysite
· multiple JV gold and copper projects
· Recent grant for research HNT Hydrogen transportation tech
· Potential for additional grants/funding for the other HNT research streams..then I think current MC is more realistically undervalued.
But there really isn't any need to tell you, since you already know and post about all this when you are a holder lol.
https://hotcopper.com.au/threads/announcment-dso-offtake-secured.4909597/page-13?post_id=40033653
"Potential customerscrawling all over each other to get their hands on our product"
"permits etc pending therewill be huge cash flows coming in by the end of next year.......and sooner orlater the MC will exceed $1 Billion......"
It's no wonder newbies find it hard to navigateat times like this.
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Reply to @MellowYellow's post above: "ADN need to do more than...
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