ADD 0.00% 0.5¢ adavale resources limited

I spoke with to Allan a few weeks back to discuss the SPP and,...

  1. 218 Posts.
    lightbulb Created with Sketch. 32




    I spoke with to Allan a few weeks back to discuss the SPP and, more importantly, assays. Investors need to mindful of the steps ADD have taken to keep costs at a minimum whilst ensuring the best outcome from the exploration work that has been completed to date. Key word, exploration. ADD have no revenue, so must be frugal. Unfortunately frugality comes at the cost of time, and more recently poor sentiment, as can be seen by the share price. Small bump on the path to derisking the company, and unlocking Kabanga Jirani.

    At the time of our conversation (26th October) tests on drilling samples were at being completed at both SGS Rwanda, and ALS in Jo'burg.
    I think it was prepped at SGS, assayed at ALS... don't quote me on the above, but to quote Allan, "we should expect to have them back within two months" - Allan Ritchie (26th Oct 2021).

    I forgot to ask about multi-element testing, given the Copper and Cobalt, but would assume it's another box ADD must tick... wouldn't that be a nice Christmas present.



    Last edited by monquay: 18/11/21
 
watchlist Created with Sketch. Add ADD (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $4.572M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
21 13348051 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 2370239 7
View Market Depth
Last trade - 16.12pm 29/04/2024 (20 minute delay) ?
Last
0.5¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.5¢ 0.5¢ 0.5¢ 300000
Last updated 14.23pm 29/04/2024 ?
ADD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.