ADV
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3.70% 14.0¢ ardiden ltd

Ann: Company Presentation, page-287

  1. Deepp
    198 Posts.
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    11/07/20
    04:36
    Post #: 45793043
    You need facts. So here it is.
    1. Option-in mid 2017
    2. Start drilling Mid 2018
    3. Rob appointment April 2019
    4. Madian Gold 110000 ounces Sept 2019
    5. Price of gold at Sept 2019, around USD 1450
    6. Price of gold now USD 1800.
    7. Appreciation since Sept USD 350, around AUD 500
    8. Appreciation in ADV Madian gold
    110000x AUD 500= AUD 55 Million.
    9. ADV current Market Capital AUD 32 Million.

    Interesting isn't it?
    ADV Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 5  Great analysis
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15.0¢ 50000 1
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