Can't see this getting project financed at a reasonable rate either without binding offtakes underpinning long term revenues. It's too opaque a market to bank on spot. And putting someone in front of banks who is a more of an upside promoter won't bode fell for credibility.
I think the major shareholders need to be asking some hard questions now, otherwise it's a journey towards further dilution and value destruction
Ann: Great White Kaolin Project - Definitive Feasibility Study, page-372
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $24.00M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $4.903K | 748.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 17955019 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 9103740 | 27 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ADN (ASX) Chart |