I think confidence level is down for everyone.
I remain holding a large parcel and have no intention to sell.
Perhaps another point of view.
The so called poor shareholders always scream and loudest when things go wrong.
Its like the whole world is against them and conspiracy theories abound.
If this was a scam or complete management stuff up as some say...
Then can someone please explain how ADN achieved the following?
- Mining Lease
- BOAs
- PEPR submission
- Land acquisition
- Indigenous and Community sign off
- Hired 30 people to move the business to production status
If this was a scam then we would have to say ADN are so clever they conned State Govt, Local Council, Indigenous and Local communities, Newcastle UNI and GICAN, Off Take partners and staff etc. The logic is simply not there to support this.
What do we know?
ADN are going to production in a staged approach to meet the DFS.
It appears ADN chose to maintain a timeline to production than wait for more BOAs
You don't have to like it or want to stay around as a SH.
...and hindsight will suggest many missed opportunities.
IMO ADN will be worth more in the coming 18 months and I can wait.
GLTAH
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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8 | 1461010 | 0.021 |
12 | 1946752 | 0.020 |
10 | 2323444 | 0.019 |
8 | 2140482 | 0.018 |
Price($) | Vol. | No. |
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