GREY:ADEXF - Post by User
Comment by
hundredvanities1on Apr 13, 2012 12:43pm
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Post# 19791201
RE: Strategic Partner for Alderon
RE: Strategic Partner for Alderon "Your Chinese investor just is not willing to put up serious cash. When ADV signs a deal (and yes, the CEO has made clear that offers are on the table) it will be for at least $150 million in cash upfront."
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As predicted ADV's offtake deal is for more than $150 million, final number: $194 million.
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New prediction: ADV's feasibility study is delivered (in Q3) and Roche Bay's feasibility will still be nowhere in sight.