The easy Answer is the Project is Not Viable for a bank to lend money Simple. So instead of management moving on to a Different Approach to Getting this Cash Cow Project going as Management have stated, we just roll along Burning Cash.
IF our Concrete partner in South Australia Halletts is So Interested in our products, Surely, they would See a Big Return by Now Surly They Could do a deal to get Something happening on the ground, A secured Bank loan from them for the Enviro Amount to Government would be a good start. And guess what the Share price would increase as People See ADN is serious about mining and when to share price hits 5 cents, they could easily raise cash from a CR.
Then Again why do that and jeopardize another year Wages doing Nothing!
- Forums
- ASX - By Stock
- ADN
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-27
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $10.93K | 1.352M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 18550853 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 31466854 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 16773353 | 0.008 |
34 | 18981616 | 0.007 |
17 | 8048546 | 0.006 |
12 | 8468333 | 0.005 |
2 | 5000000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 31441213 | 23 |
0.010 | 24254238 | 14 |
0.011 | 16613479 | 8 |
0.012 | 15258100 | 7 |
0.013 | 2351111 | 6 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |