ADN 5.56% 1.9¢ andromeda metals limited

Ann: Trading Halt, page-77

  1. 2,744 Posts.
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    Clearly some people on here do not read the entire thread...
    There could be various reasons for that, including time pressure.
    However, fail to read the entire threads on ADN (or any other stock) at your peril.
    There are some really informative posters

    Back to your question
    If you read the thread there are currently two schools of thought.

    1) they are being cautious because of the recent query from the ASX re price movement (speeding ticket) including questions around timely release of information

    2) some of these new LOI's may contain further commitent information
    e.g intention to provide upfront CAPEX funding, are larger in nature than previous LOIs or perhaps a proposal to go binding once SS is released

    DYOR
 
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