ADV 3.33% 14.5¢ ardiden ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

  1. 1,749 Posts.
    lightbulb Created with Sketch. 277
    Well time is running out for any sort of drilling campaign for 2024. Why haven't we pulled the trigger?
    Although I'm happy with the low cash burn and a $10m call deposit, I must admit that I did expect some sort of exploration effort planned for right now....
    Which gives me concerns that our leaders are more focused on an acquisition at this point.
    Time will tell I suppose.

    https://hotcopper.com.au/data/attachments/6370/6370010-1ddac4d5016ca0bccd28286087da2ead.jpg

 
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