Expect a correction to this announcement.
Resolution 1
Performance hurdle (i) (A) states "five (5) million tonnes of Li2O."
Assume a resource grade of 1.25%. At this grade, the resource will need to be 400 million tonnes to host 5 million tonnes of Li2O. The terminology is wrong and once again, it is important.
I suspect the performance hurdle for the options should read something like this:
"Defining a resource of 5 million tonnes of ore with a grade of 1.25% Li2O". The grade is my guess but ADV should announce what the grade hurdle is.
- Forums
- ASX - By Stock
- ADV
- Ann: Notice of General Meeting/Proxy Form
Ann: Notice of General Meeting/Proxy Form, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADV (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.439M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $12.41K | 91.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 105822 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 75223 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 105822 | 0.130 |
3 | 167649 | 0.125 |
3 | 76265 | 0.120 |
1 | 14781 | 0.115 |
3 | 77270 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 75223 | 6 |
0.145 | 65662 | 2 |
0.150 | 52174 | 2 |
0.155 | 51016 | 3 |
0.165 | 89743 | 2 |
Last trade - 13.00pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
ADV (ASX) Chart |