Ann: SPP Offer Closed, page-3

Great result here - didn't expect $1m to be raised in the SPP (66m shares).

This explains the downward pressure (on any moves above 1.6) on the SP while the SPP was open as there were up to 66m shares sold in to the rallies & then re-purchased in the SPP.

Great news is that the SPP overhang has cleared the runway & the ADV jet is about to take off... Interestingly Lithium has recently been given a second wind on our market which is going to act as a fantastic tailwind

ADV would have to be the best placed Li junior on the ASX given its EV sub-10m, multiple projects & advanced stage of Seymore Lakes given it has already secured an off-take & funding agreement to build the plant.

One only needs to look at the monster re-rate LIT has received in recent days to place its mkt cap over 50m to see the multi-bag potential for ADV. Note that ADV is much more advanced & closer to production that LIT... All we need is the spotlight to shine