General comments/chat, page-41583

I see this from a following perspective.

If they get debt funding secured before the end of the month share price will jump and they will do a CR at much higher share price than current 2.3c, they will still most probably use up the whole allowable amount of 15%. Difficult to speculate on except numbers but this should get ADN to production.

If they don’t get debt funding and still show healthy amount of money in the bank, somewhere above $10 million this means that they have more time to work on funding and BOAs, but at the same time it would show that they have spent very little money on long lead time items.
Were the items ordered or “ordered”?
No immediate CR but also no chance of production before second half of 2025.

If they don’t get debt funding, show reasonable large expenditure on long lead time items resulting in $5-6 million in the bank they would do a CR before the quarterly report. Raising maximum allowable at whatever price they can get. Money to keep the lights on and continue to look for funding.
This would show that they are serious about getting to production.


There is also an option of announcing another large BOA, moving the price up and doing a CR straight after. Money to keep the lights on.

Not going to speculate on probability of what will happen.


Any other options anyone can suggest?