ADN
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6.25% 1.7¢ andromeda metals limited

Ann: First Customer Binding Offtake Signed for Great White, page-65

  1. Bouv
    33 Posts.
    lightbulb Created with Sketch. 15
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    17/03/21
    10:12
    Post #: 51825789
    This is a very good outcome. Great to have BoA from Japanese customer. Share price will do its thing today as short term traders may take profit - that’s all part of the game. Long term, this announcement reinforces that ADN is absolutely on the right track.

    I also liked wording in announcement around funding/bankers and looking to increase onsite production to 500,000tpa. Clearly management has a level of confidence that further BoA will be forthcoming.

    Onward and upward.
    ADN Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 27  Upvote
    lightbulb Created with Sketch.  Great analysis
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