ADN 5.26% 1.8¢ andromeda metals limited

I feel a little more “cautiously” optimistic than most here...

  1. 4,710 Posts.
    lightbulb Created with Sketch. 1055
    I feel a little more “cautiously” optimistic than most here today when I read announcements like this which are another small milestone achieved. Particularly when it’s happening in parallel to shorts continuing to drop for sometime now.

    I know it’s not funding and ultimately it will all depend on that being secured but at least it’s progress (albeit slow and now obviously behind the time lines Bob was aiming for).

    In regards to Bob being honest…and assuming we are struggling to get finance then im not sure the market would appreciate the CEO coming out and stating “we can’t get the money so let’s just raise to keep the lights on”…therefore he just needs to keep trying which I know is frustrating as hell for us long term holders…

    As I’ve mentioned before at some point we might need to stop looking at the people who can’t appear to raise the cash and question the feasibility of the project more…it either stacks up or it doesn’t…
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $55.98M
Open High Low Value Volume
1.9¢ 1.9¢ 1.7¢ $202.6K 11.00M

Buyers (Bids)

No. Vol. Price($)
5 167025 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1973704 7
View Market Depth
Last trade - 13.51pm 07/05/2024 (20 minute delay) ?
Last
1.8¢
  Change
-0.001 ( 1.64 %)
Open High Low Volume
1.8¢ 1.9¢ 1.7¢ 14731683
Last updated 14.38pm 07/05/2024 ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.