Looking back at the ADN scoping study, the company had intended to fund a dry processing plant with cash-flow valued at approximately $28M. This was through 760ktpa DSO export over 15 months. So, one could conclude it will be in this region (+/-).
This is all about lowering CAPEX, so will be interested to see the final outcome in the DFS.
Ann: IRD: Iron Rd & Andromeda Metals to Collaborate on Cape Hardy, page-5
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.75M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $48.48K | 7.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 22147619 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 12631090 | 12 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |