ADV 7.41% 12.5¢ ardiden ltd

CR when?, page-7

  1. 160 Posts.
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    Correct, they have enough to proceed through to complete acquisition at the very least with further drilling towards getting a JORC resource. This is all stated very clearly in their last CR report.

    Maccar86, I am confused how you are so sure about a TH and CR this week, further how you perceive that to be a trigger to keep SP on a steady upward trend?

    CR/further funding will be considered upon getting a closer idea of quantum of resources as we have strong indications regarding grade. From my meeting with Brad a few weeks ago he is keeping all options on the table rather than narrowly looking solely at proceeding to production. Taking a very prudent approach by raising capital for a clear purpose to minimise dilution and maximise SH value by considering ALL options that may proceed from what we have.

    He is actually very open to meet with long term shareholders and answer any questions/share his views. He comes across as someone very pragmatic, conservative and focused on delivering the milestones before getting ahead of himself (trying to do deals etc).
 
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