ADN 0.00% 0.7¢ andromeda metals limited

Ann: Quarterly Cashflow Report, page-27

  1. 633 Posts.
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    July 29
    307,000TPA of LOI received- a lot bigger then expected
    July. 30
    Response to ASX Query
    ADN's response showing LOI's were signed 4 days before quarterlies released.
    July 30
    Quarterly released showing "SS prior to end of September"
    July 31 @oke post#39792687
    "has good authority 5 minute before the ANN was made that the SS will be made in August "
    July 31 @MostPalone 3977660
    "SS to add in the 307,000tpa into it"

    With this timeline it gives me great confidence in the management team and the future of this company.

    With that size of potential offtakes being signed 4 days before the quarterly. I would not expect any company to guarantee a competed SS within a month. It does show that they are confident of them going through then add on all the side projects and what gold prices are currently. Very exciting times ahead! DYOR Good luck to all!!
 
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