ADN 4.55% 2.3¢ andromeda metals limited

Ann: Binding Offtake Agreement signed with Traxys, page-99

  1. 1,995 Posts.
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    Pig. Bob will stay on in some capacity. I'm guessing that will solely to support Traxys/Ibero until the show gets up running.

    Regarding HPA, Bob moved it to adjacent, until partnered or self financed. It won't have been woken up because we want to burn more cash. Time will tell.

    This announcement is just progress to me, it was expected. I note also that Opaque is included in Traxys' domain so this includes the Opaque HoA, hence the slightly higher volumes.

    I was hoping to see something on funding with this, as this was included in the HoA. Thus, here is the precursor to not just Traxys funding but other debt funding as well, and I'm guessing that was the point of the fluffy investor presentation a couple weeks ago.
 
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