Overall this a good development. A CR was always going to occur and ADV is done so at a good price. I accept that it could have been done at a higher SP but given current global conditions, the management has secured this equity raise at an SP that is at a two year high. The company is now well funded and can pursue an even more aggressive drilling program. I am confident that there is gold to be found but exploration is a numbers game - the number here being drill metres. The more metres we drill the better our results, and we have the historical and recent exploration data to position those drills in the right place. Thanks to Neil and Rob
ADV Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
