ADV 0.00% 13.5¢ ardiden ltd

Big move this afternoon?, page-54

  1. 3,012 Posts.
    Posiedon Ark your comparison with KDR is very good considering they are not at the same stage as us , yet their core business is Gold and also they only own 80% of Mt Hudson 20% ST Barbara .....in September they went to a High of 75 cents....I think its all to do with how they tell the story...It will be interesting to see their JORC , as for ADV I expect over the next couple of weeks we will receive some very good news on drilling at both our Li and GP leases . their is nothing to stop our Share price from doing a great run north on good news , MARKET SENTIMENT will be the only thing to hold this back or push us forward ,ADV only needs to deliver the news we all expect.
    I try not to compare Australian Companies in this Sector with Canadian Companies or those operating in Canada they are pro mining , cost here are at worst 40% greater, their are more incentives given by their Government to employ locals...this government here could take a leaf out of their book on that score,if we get a decent jorc of at least 10 to 12 ml tonne ,then Location of the resource will be the key factor in securing a good off take arrangement ...Transport costs are always one of the Major make or break factors.
    I also look at where our Ceo and Technical people come from....BB .PL.ML....Then look at the SP of where those respective companies went whilst they were their..then I look at why they left to come to ADV ....the picture is pretty clear for me , their is more upside and long term future at ADV ...also a lot of the other companies in this space you a lot of Share holder funds for so called paid Presentations to self promote ,not saying that in the future we will not be doing the same , at this stage our principle aim is to conserve as much cash as we can to complete our Jorc within budget my last talk with BB , he indicated we would have ample funds to complete a jorc of both Seymour and our Graphite Tenement , he also indicated the AIM was to have off take deals in place just prior to or after jorc to fund all future drilling , My confidence grows knowing I have a very proactive CEO who wants his share holders to make money and wants them to stick around until mining. prior to the GFC people were prepared to invest and wait , now its a new game, short term gains are more favorable
    I think within the next 6 to 10 weeks, share holders will be more confident with hanging in their as news flows through.
    plenty of news in Armstrong and thunder bay also with locals very confident of this being a major player....CHEERS & GLTA.
 
watchlist Created with Sketch. Add ADV (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
0.000(0.00%)
Mkt cap ! $8.439M
Open High Low Value Volume
13.5¢ 13.5¢ 13.5¢ $4 31

Buyers (Bids)

No. Vol. Price($)
1 29470 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 2294 1
View Market Depth
Last trade - 15.34pm 23/07/2024 (20 minute delay) ?
ADV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.