"We are in a good position as far as our progress on the lithium front....." At this stage, what ADV has announced, I do not share your optimism that ADV are in a good position. The market seems to share my view. Yeah I know, the market doesn't understand the hidden lithium behemoth that is ADV.
"As long as it does not impact our Lithium progress............." It will, chasing the hot commodity of the month always results in loss of focus and inefficient use of capital. We could end up with 5 half projects instead of one economic one.
You watch, next announcement regarding new performance incentives will be to delineate SFA tonnes of fantasium or fantasium equivalents and shake the hand of the chief native title union rep in the area. The next options will be awarded following identification of 47 outcrops of something.
My current assessment of what ADV has delivered to date is negative. Quite happy for ADV to reverse this situation - chasing hot commodities (hot copper?) all over Canada would be a good start.
ADV Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
