ADN 12.5% 0.9¢ andromeda metals limited

dude this is reddit talk.traxys haven’t sold anything yet or...

  1. 1,509 Posts.
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    dude this is reddit talk.
    traxys haven’t sold anything yet or it’d be announced.
    theres no finance because theres no real offtake.
    do u not understand? finance is a function of offtake.
    the rate u get offered is a function of the strength of ur offtake parties.
    theres no rate and no finance because there’s no real offtake. if there was sufficient offtake there’d b finance.
    its 101 building these things.
    plenty of money around for real projects that make money.
    this is too opaque which is why they’re mostly bigger companies that play here who can leverage their balance sheets.
    extremely difficult almost impossible from here
    generally once companies at this point in the cycle get into the pips it’s over.
 
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35 12668989 0.8¢
 

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0.9¢ 22835958 21
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