ADN 11.1% 1.6¢ andromeda metals limited

Ann: Letter of Intent received from IberoClays, page-18

  1. 4,822 Posts.
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    Nice step forward in terms of the new strategy, well done NBSB and team.

    Will it be able to make it into the uDFS?

    Can you ask Bob if there is indicative pricing agreed?

    Otherwise the uDFS / finance update is being pushed back to October based on the below:

    "Under the non-binding Letter of Intent, IberoClays will seek to finalise a binding exclusive distribution
    agreement with Andromeda by the end of October this year"

 
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