ADN 5.88% 1.6¢ andromeda metals limited

Nothing worse than a poster asking a question for something...

  1. 2,005 Posts.
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    Nothing worse than a poster asking a question for something literally on the same page. Apologies. I've been a bad boy.

    Takeouts

    HRM is still hopefully included in uDFS
    1B could come around quicker than expected
    Production planned around October next year
    And then he talks about Equity Funding in October overseas. Now this would be for any funding shortfall for 1A. This is clever, as debt funding comes at a cost, and NBSB will only take on what they can afford; should the rates be excellent they will take all debt funding; if the rates are costly, they will only take on some debt, and issue shares for the rest - hence the upcoming roadshow. An interesting point is possibly the Equity Raising could be just foreign strategic? Comments?

    At 11:52 he says we will talk about 1B which is the pathway from 60 to 150. Yes 60. So I assume confidence is there for 60 to increase throughput to 60 based on current BOA/LOIs. The uDFS will make an compelling read.
 
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