It is very simple - greater brokerage support, less shares on registry and excellent with and grades. Cxo is more advanced in their drilling whilst adv have only commenced. Hence pull in good assays and we should see a solid move. However keep in mind cxo has 350 mil after recent cr and adv have less cash and more shares in 900 mil.
The key is though adv is less risky with numerous project potential.
Hence I have a finger in 4 stocks at the moment- adv cxo, fgr and trading rmx (very high risk). Brine/ hard rock lithium, graphite and graphene plays. Adv is my largest holding because of the multiplay, location and managemt.
ADV vs CXO, page-3
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.814M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $581 | 4.651K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6337 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 199437 | 3 |
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| Last trade - 09.59am 03/07/2024 (20 minute delay) ? |
| ADV (ASX) Chart |