I'm personally of the opinion that a 1Mt JORC would have an affect on SP as this would give our plan the go ahead and would see further expansion and drilling paid for. Would it make the SP explode, probably not, but let's look at our current MC, it has to go up from here any further loses would see us priced as a shell. The trend does seem to be up as well, those who participated in SPP are already in the green by a decent amount at 1.8c so the market is in fact starting to react.
I asked you30mate a question earlier but it was never answered, so I'll ask again. You don't believe a 5Mt JORC is feasible, you said 20Mt is what is required. You also bought at a higher SP, You also claim purchasing the shares was not a mistake. You make some great observations but I'm missing something here.
What has changed from the moment you bought the shares to now? You were buying a potential 5Mt JORC at a much higher price and this was not a mistake buy. I don't think you're a troll but this doesn't add up to me. 20Mt will not be achieved in the short term, if that's what you believe is required to make ADV move you should sell now, chances are slim.
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Ann: Ardiden Options Highly Prospective Gold Project, page-212
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.690M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 93331 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 315 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 93331 | 0.150 |
4 | 198500 | 0.145 |
3 | 670000 | 0.140 |
3 | 120000 | 0.135 |
4 | 179204 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 315 | 1 |
0.160 | 4651 | 1 |
0.170 | 32152 | 2 |
0.175 | 80000 | 2 |
0.180 | 36657 | 4 |
Last trade - 16.21pm 16/07/2025 (20 minute delay) ? |
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ADV (ASX) Chart |
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