ADD 20.0% 0.4¢ adavale resources limited

Billion dollar Potential - Battery Grade Nickel Sulphide, page-2

  1. 218 Posts.
    lightbulb Created with Sketch. 32
    Great post, however there needs to be an amendment your 'Region' section; President Magafuli passed away earlier in the year, however, his successor, the Ex-VP and now President, Samia Hassan, appears to be even more driven to remove the barriers stalling foreign investment in Tanzania, as well as easing the process for existing companies to progress exploration/ mining activites (google: "Tanzania: Mining Industry Welcomes President's Recent Directive")

    Another noteworthy item is the 6c options, where ADD may at its discretion give notice and demand option holders exercise their options upon ADD reaching a 10 day VWAP above $0.12, which must occur within seven (7) days of receipt of said notice. Potential to ADD another $million to the accounts. (see announcements from 11th Dec 2020)


    Last edited by monquay: 29/04/21
 
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