From April 2018 announcement:
Andromeda can then elect to sole contribute a further $3.0 million ($6.0 million in total) over a further three years (five years in total), to acquire a further 24% equity (Stage 2 Commitment);
Andromeda’s interest will convert to 75% on the earlier of either completion of the Stage 2 Commitment OR of a Decision to Mine made by the Joint Venture Management Committee;
Therefore the second 3 million is one of two routes to 75%
From April 2018 announcement: Andromeda can then elect to sole...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $46.65M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $52.09K | 3.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 11072419 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1000000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |