Posiedon Ark your comparison with KDR is very good considering they are not at the same stage as us , yet their core business is Gold and also they only own 80% of Mt Hudson 20% ST Barbara .....in September they went to a High of 75 cents....I think its all to do with how they tell the story...It will be interesting to see their JORC , as for ADV I expect over the next couple of weeks we will receive some very good news on drilling at both our Li and GP leases . their is nothing to stop our Share price from doing a great run north on good news , MARKET SENTIMENT will be the only thing to hold this back or push us forward ,ADV only needs to deliver the news we all expect.
I try not to compare Australian Companies in this Sector with Canadian Companies or those operating in Canada they are pro mining , cost here are at worst 40% greater, their are more incentives given by their Government to employ locals...this government here could take a leaf out of their book on that score,if we get a decent jorc of at least 10 to 12 ml tonne ,then Location of the resource will be the key factor in securing a good off take arrangement ...Transport costs are always one of the Major make or break factors.
I also look at where our Ceo and Technical people come from....BB .PL.ML....Then look at the SP of where those respective companies went whilst they were their..then I look at why they left to come to ADV ....the picture is pretty clear for me , their is more upside and long term future at ADV ...also a lot of the other companies in this space you a lot of Share holder funds for so called paid Presentations to self promote ,not saying that in the future we will not be doing the same , at this stage our principle aim is to conserve as much cash as we can to complete our Jorc within budget my last talk with BB , he indicated we would have ample funds to complete a jorc of both Seymour and our Graphite Tenement , he also indicated the AIM was to have off take deals in place just prior to or after jorc to fund all future drilling , My confidence grows knowing I have a very proactive CEO who wants his share holders to make money and wants them to stick around until mining. prior to the GFC people were prepared to invest and wait , now its a new game, short term gains are more favorable
I think within the next 6 to 10 weeks, share holders will be more confident with hanging in their as news flows through.
plenty of news in Armstrong and thunder bay also with locals very confident of this being a major player....CHEERS & GLTA.
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Posiedon Ark your comparison with KDR is very good considering...
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13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $8.439M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $47 | 349 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29501 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 2294 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 29501 | 0.135 |
1 | 115384 | 0.130 |
2 | 220000 | 0.125 |
2 | 86903 | 0.115 |
2 | 68181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 2294 | 1 |
0.145 | 1241 | 1 |
0.150 | 91648 | 6 |
0.155 | 172358 | 2 |
0.160 | 4700 | 1 |
Last trade - 15.56pm 22/07/2024 (20 minute delay) ? |
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