ADV 0.00% 13.5¢ ardiden ltd

Ann: Quarterly Cashflow Report, page-5

  1. 3,382 Posts.
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    very positive ann. Cash spending rate is very reasonsble. Down over 1mils only in QTR but very good work in progress. We will have enough cash until Winter drill and South limb completed and toward JORC. We can hear CR ann very likely after that.Hope JOCR hit expected range between 500k -1mil oz which is very likely as most of the holes in summer drill have very reasonable grade so far, and winter drill grade will not be lower than that. If hit minimum 500k woud be good enough for Kas alone. South Limb drill might come back with suprise grade and depth, That will support sp too and Esker permit in expected in Feb. All are lining up toward sp spike to North.I am very sure that Rob and Board will launch CR once SP hit above 5 c plus after JORC. Lithium Partner might pop up in boaster too. Who knows, good luck Advers it is definite top up time at current range. It will be multiple bags profits on the horizon soon.
 
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