Hi Pig. i agree 100% with that. Bob didn't say he was retiring. Relocating due to family changes happens, and that could be due to his or his wife's direct family. he cleaned up some mess here, and largely delivered albeit with some timeline slip.
Now funding we all expect this week, but it could take weeks and weeks.
i wanted to reply, as im fully aware (as you) that Bob moved HPA out of core and seemed reluctant to do that - (my perception from presentation). HPA was to be resurrected upon self funding. Later this changed to "we will include HPA once self funded OR we are approached by a suitable partner"
and then over the last 2 quarters, with cash preservation being King, they started to discretionary spend on HPA.
it would be plain dumb and bordering on funds mis-use if there was no (expected) external interest.
i guess we find out next week, or month or year.
we aint spending on HPA due to having too much money in the bank. That is obvious.
A JV, IPO, ADN gets x% due to flowsheet, a BOA, perhaps BOA at cost to earn a further Y%. perhaps a deep pocket partner takes 100% and funds whole thing, but ADN gets royalties and attractive BOA. i don't know. adds to my waitlist
- Forums
- ASX - By Stock
- General comments/chat
Hi Pig. i agree 100% with that. Bob didn't say he was...
-
-
- There are more pages in this discussion • 421 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.42M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $34.74K | 4.343M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 31209136 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 633758 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
61 | 31209136 | 0.007 |
29 | 9724823 | 0.006 |
17 | 14206199 | 0.005 |
5 | 7450000 | 0.004 |
3 | 8600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 633758 | 2 |
0.009 | 21542478 | 29 |
0.010 | 6164819 | 9 |
0.011 | 27226522 | 7 |
0.012 | 29515921 | 7 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online