ADV 1.82% 13.5¢ ardiden ltd

Ann: Outstanding High Lithium Grades From Root Bay Project-ADV.AX, page-41

  1. 3,575 Posts.
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    Hi Pie,
    Hoping my timing is right with this little beauty.
    Looking forward to drill results soon once sampling definition and targeting complete. All 3 lithium plays grades look good at this early stage and so dose the jumbo grade graphite play.
    Definitely no issues with selling both commodities abroad, internally or over the boarder to the US if management can show tonnages in both types. (Economics of scale)
    Rail close by with good port system and a mining friendly Government, low sovereignty risk, funding in place for this coming drilling program and a solid SAA. CAPEX for a surface ore operation can be low and phased approached with some help IMHO
    Great exploration/ lease acquisition potential and probably eventually T/O potential.
    Might be a good story as long as the BOD don't dilute the crap out of it moving forward.
    Like some we know.....??
    GL and cheers
 
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