ADV 8.33% 13.0¢ ardiden ltd

Ann: Appendix 3Y, page-5

  1. 5,471 Posts.
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    I hope the new CEO has brought alone a big broom.
    Sweep (clean) out all the dead wood.

    Then hope he goes through the tenements held by ADV.
    Removing any tenement that is dubious.
    The bank balance is shrinking and without that balance ADV is dead in the water.

    Could end up like ASX listed Canadian explorer MLS, now there's a tear jerker of a stock.
    ADV is almost as bad.
    ADV does have some cash.
 
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