ADN 9.52% 2.3¢ andromeda metals limited

Yes, the bond could be paid by irrevocable unconditional bank...

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    Yes, the bond could be paid by irrevocable unconditional bank guarantee with no end or irrevocable unconditional insurance bond with no end date under SA rules.
    Both of these can be used by companies with existing operations, positive cash flow or assets significantly exceeding the bond value.
    Both are expensive.

    ADN doesn’t fall into this category so the cheapest way is to pay it in cash.
 
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