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1.8¢ andromeda metals limited

Yes absolutely, the devil will be in the detail when it comes to...

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3,568 Posts.

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03/08/23

10:49

Post #: 69132517
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Originally posted by Wombat2: ↑

Quite frankly I think that our main risk is now Funding but given the way that Bob K. is running things now I am very confident that he will be handling that in the same ultra professional way that he has handled everything that he has touched since joining ADN.

It is always possible that a well-financed customer(s) might we wish to assist in that regard especially if the current tightness in the world supply of high-quality Kaolin persists. That seems quite likely.

I think that some large Chinese customers in particular would be amenable to financing ADN if they were guaranteed satisfactory future supply at market rates.

Some European companies could be in the same position to assist in that regard, but I get the impression Kaolin manufacturing is more fragmented in Europe.

Fingers crossed we won't have to wait much further than say 1 October to find out what funding options we will receive.

Chrs W2

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Yes absolutely, the devil will be in the detail when it comes to funding.

Apparently our potential suitors are in the data room now, however both sides need the UDFS to drop so negotiations can be finalised.

Should be a great Q2 this year for ADN.

ADN Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $55.98M

Open	High	Low	Value	Volume
1.8¢	1.9¢	1.7¢	$185.0K	10.45M

Buyers (Bids)

No.	Vol.	Price($)
8	2776238	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	448952	4

View Market Depth

No.	Vol.	Price($)
8	2776238	0.017
41	9359960	0.016
24	3948050	0.015
6	1815687	0.014
4	2676923	0.013

Price($)	Vol.	No.
0.018	448952	4
0.019	3589502	16
0.020	7112578	22
0.021	4549579	7
0.022	997954	6

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 1.8¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
1.8¢	1.9¢		1.7¢	7848281
Last updated 15.59pm 02/05/2024 ?

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