Ann: Completion of Root Lake Acquisition and Appendix 3B-ADV.AX, page-4

So another 8 odd mill gives us ..................

Seven hundred and ninety six million nine hundred and forty one thousand eight hundred and fifty three ADV shares in issue
plus twenty one million unlisted performance options in change ....


IMO ... Be a good idea to tell the BOD to tighten the belt and start living within their means instead of firing up the equity printing machine all the time ......

Need to be very wary of companies that continue to buy more & more tenements .. "Projects"   or put themselves in a position were there is no other option but to pay .... via equity ... especially when SP is questionable .......


They only have around 5 million remaining in placement capacity ..... I would seriously consider sending the BOD a message with a NO vote when the time comes to ratify these past lots.

Remember ... 12 mth Capacity was put in place to set what is a fair and reasonable level of dilution and wilfully and continually disregarding it will bring on ... bad karma ...






Just a little opinion that insisted on getting out for some reason     ...... J