ADV 3.70% 13.0¢ ardiden ltd

Ann: Ardiden Corporate Presentation, page-33

  1. 259 Posts.
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    Am I happy as a shareholder? No.

    Although I was one of the few that went along on Thursday in Sydney and met with Neil and Brad and I came away with enough to give them some more time.

    I am excited about the prospect of a new geo team (ADV completed a review in December and have new guys in charge) the main Geo is the same guy who found and helped prove up the Manono deposit in DRC for AVZ Minerals.

    Brad was pretty good and answered a lot of questions - I don’t think the LSI deal is anything to worry about as he said a number of times they won’t be using it - they just needed it there as a contingency plan to prove they can fund their share of the initial capex.
 
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