It was clear ADD was operating off the smell of an oily rag since the start of this year by reading through announcements and would prepare for a CR following the 20:1 consolidation (not before, as you can't go much lower from $0.001). You could see the urgency, or desperation, with ADD punching out announcements in the last few days and likely pushing for drilling to occur ASAP bearing in mind the drill rig has wheels and can move to your spot within 24 hours seeing as its a business that operates in the Parkes area. However, I would have thought ADD would have waited for the dust to settle on the consolidation next week and likely first results by the end of this month before pulling the trigger ... how wrong I was and shows how desperate ADD is for cash. We could be pleasantly surprised with the terms, however going by the history of ADD I wouldn't be holding my breath as status quo with SH destruction.
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