ADV 3.57% 13.5¢ ardiden ltd

Ann: Flotation Testwork Produces High-Grade Lithium Concentrate, page-16

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  1. 6,455 Posts.
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    Re-worded post sans the naughty bit - sorry mods.

    In the meantime, the lack of real news will see the SP slip. The latest met results didn't seem to have much impact as expected - it appears more importance is being placed on the Yantai results. Both testwork campaigns are important. As said by myself and others, the resource needs upsizing - tonnes and grade is key for the market to look in ADV's direction. To date, results have been patchy and uninspiring. In my opinion, the SP will continue to slide or trend sideways if the maiden resource comes in at 1-1.2 Mt and 1.2% Li2O as per the current consensus. The market will not be impressed with this maiden resource.
 
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