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0.9¢ andromeda metals limited

Please dont talk about financing or debt... its clear you are...

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GIGAChad

4,962 Posts.

869

26/02/24

11:08

Post #: 72594057
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Originally posted by Bioalltheway: ↑

Lol, again, if this is a world class resource and there is a demand (which is what Boas in part tell us) and this results in a solid EBIT, then lenders and equity will naturally do their DD and want in as they will make monies. They dont care about James, Skardon river etc.

The tradiotional forms of bank lending in projects have all but finished and been teplaced by thousands of private debt and equity firms, espwcially since the GFC. They will make monies whereever they see the numbers stack up. A company claiming an EBITDA OF $130m wil more than get the atention of these investors. It makes even more sense for someone like Traxys to get involvef.

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Please dont talk about financing or debt... its clear you are out of your depth when you said debt providers prefer companys without cashflow to lend to

it was completely hilarous

ADN Price at posting: 2.4¢ Sentiment: Sell Disclosure: Not Held
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Last 0.9¢		Change 0.001(12.5%)		Mkt cap ! $30.54M

Open	High	Low	Value	Volume
0.8¢	0.9¢	0.8¢	$23.17K	2.811M

Buyers (Bids)

No.	Vol.	Price($)
37	12829188	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	15265588	22

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No.	Vol.	Price($)
37	12829188	0.008
61	29094941	0.007
45	20299489	0.006
22	15077789	0.005
7	8025000	0.004

Price($)	Vol.	No.
0.009	15265588	22
0.010	10394677	15
0.011	27396522	9
0.012	30045921	7
0.013	2310111	3

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