Gillysrooms, it takes a lot of drill holes to define resource estimate. At this stage, ADV are only confirming prospects at their high priority sites. If the signs are good, then they will invest in putting more drill holes in those areas to start defining resource.
Its a bit of a no brainer IMHO. There is definitely graphite there, its a matter of how much, what grades and size of flakes.
Price Predictions for Close of Business 23/10/2015, page-73
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13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $8.439M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $5.812K | 43.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 66987 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 3115 | 3 |
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