They have enough cash to last them a while.
This is definitely to look after mates and at the same time speed things up with drilling and not have the potential of a CR hanging over our heads - the share price has been going sideways for a bit which I am guessing was the time required to get the mates to confirm their buy-ins
Imo, this is where the launch starts from and I have no idea where it will stop.
ADV is one of the better Lithium companies on the ASX which is currently not reflected in its valuation but will get reflected once this CR is completed - as I've called it before: it's the PLS of Canada.
There's also the very impressive Graphite next door to the Lithium projects and that Tesla Company not that far away either.
Exciting short, medium and long term here.
Cheers,
GB.
Ann: Trading Halt-ADV.AX, page-51
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $8.439M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $6.059K | 46.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44328 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 2860 | 1 |
View Market Depth
| Last trade - 11.51am 17/10/2024 (20 minute delay) ? |
| ADV (ASX) Chart |