ADV 3.57% 13.5¢ ardiden ltd

Ann: More Thick Zones of Spodumene-Bearing Pegmatite at Seymour, page-58

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  1. 10,469 Posts.
    lightbulb Created with Sketch. 1050
    My model was akin to tawana resources - small but profitable deposit potential for upside through exploration. Low capex and quick to mining and further exploration upside. With a combination of graphite I was expecting if all went to plan getting to jorc 50 million mc buy June - if all went well leading into phase 1 mining by early 2019 we could have been looking at a 100-150 mil mc mid 2018 leading into commissioning. Of course market sentiment could alter. That would be jorc if 20-30 mt with large tenements still to be explored.
 
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