ADN 0.00% 0.8¢ andromeda metals limited

"A reduction of 1.5% and consequent savings to the Project of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 65 Posts.
    lightbulb Created with Sketch. 30
    "A reduction of 1.5% and consequent savings to the Project of approximately $9 million in the early years of operation."

    So if I read this correctly he is saying that they will be earning around $600million per year in the early years. Would this be the basic number they are working with at the moment or am i reading this wrong?
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $27.14M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $13.76K 1.637M

Buyers (Bids)

No. Vol. Price($)
28 17425801 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 16335345 19
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.