ADV 0.00% 13.5¢ ardiden ltd

Ann: Term Sheet to Fund, Design and Build Lithium Facility, page-194

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  1. 1,629 Posts.
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    I think the efforts by major shareholders has been invaluable. The main input apart from knowledge within the industry and with this company specifically. is stepping forth and taking responsibility by offering all shareholders the option to raise much needed capital which may not have come from the corporate sector because the risk averse nature of a non-mega operation. We are smaller but have large potential and the T20 will live or die by the sword via their invesment and wearing their hearts on their sleeves. People also say the price is what it is because the market knows, however the market rarely values potential unless the clues are glaringly obvious. We have drilled 5% of our one tenement, with pegmatites outcropping everywhere, historical drilling with high grade hits coming from our other prospects, yet the market values us less than some shell companies.
    If we can upgrade the processing plant, which we supposedly can down the track, it should have enough stockfeed to sell high grade lithium for years.
 
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