In September 2020 there was a company announcement re visible gold in the drill cores at Kasamigginis. SP shot up from around 1c to almost 5c as a result. Investors got burned when the actual assay results were mediocre. Here we go again with visible gold reported once again in the quarterly.
The market is now more cautious in reacting to such tempting words.
However with 40 more assay results coming up I am not surprised to see the action today with one or a few taking a position with significant risk v reward factored in.
We are expecting 12 more drill assays anyday. If they are good market interest may improve as a further 28 reports due thereafter will improve risk appetite.
Bloody well hope so as its Freezing and wet on the NSW South Coast and ADV owe me a warm holiday in Bali.
FOX
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-25
Add ADV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $7.502M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $14.79K | 123.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78208 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 50866 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ADV (ASX) Chart |