Hi singing the blues ADN have led us to understand that...

Hi singing the blues
ADN have led us to understand that potential financiers are awaiting ADN securing sufficient binding off take or sales agreements and the finance will be forthcoming. In this industry offtake agreements are often for long periods such as 5 or 10 years in duration. ADN have been in regular discussions with a Spanish company Traxys who are we are told are very keen to sign a long term sales agreement but they in turn have to do something similar with their customers. In short it is taking time but we understand that our product will make premium grade porcelain and other high end products so we hope it is just a matter of time!

Cheers W2