ADN 8.82% 1.6¢ andromeda metals limited

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  1. 11,249 Posts.
    lightbulb Created with Sketch. 29637
    The company is pursing a Bankable standard for DFS. That puts debt funding on the table as an option. That will significantly minimise dilution for shareholders. Typically a 30% equity to 70% debt scenario.

    The company does not need cash now.
 
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