ADD 0.00% 0.3¢ adavale resources limited

Ann: ADD CONFIRMS JORC COMPLIANT 9M TONNE THERMAL, page-6

  1. 9,974 Posts.
    lightbulb Created with Sketch. 59
    re: Ann: ADD CONFIRMS JORC COMPLIANT 9M TONNE... At least it is an announcement and I reckon it is good, 9 million tonnes is a great start for Adavale - although the SP has done nothing - i do believe the broker promotion will commence shortly - and we will get a Mining Plan and Projected Ca$h Flow in a couple of weeks.

    Buggered if I can find anything on Chalice Energy - are they associated with Chalice Gold Mines CHN? Drilling to continue at Lake Surprise, similar to the Beverly and Beverly Four Mile. Chalice are also targeting the same mineralisation? I am surprised they are drilling here, I thought they would wait for Chalice Energy drill results before doing anything, amazing, they are actually being proactive in SA, excuse me while I kiss the sky!

    Chalice Energy is not the old Scimitar Resources who merged and are now called Couldren, they were also drilling above Adavale's Mumpie tenement which is next door to Lake Surprise with a Korean JV of $6 million.

    We should see this SP hit 6 cents in the next few days - gut feeling, DYOR.

 
watchlist Created with Sketch. Add ADD (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.028M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
43 36193747 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 2897890 6
View Market Depth
Last trade - 16.12pm 21/08/2024 (20 minute delay) ?
ADD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.