thanks Eagle
yes its not to the JORC standards but by foreign standards,NI-403-101 equivalent .. but this can be confirmed on drilling as you say in order to convert to a recognised JORC standard.
Based on what you predict, the gold deposit adds an added value of between 7.5 to 15 million to the current market cap, that should put ADV,s current share price at 2.5c - 3cents...
It will be interesting to see what happens as ADV is currently at 1.7cents per share ....making it a good and undervalued current investment .
thanks for your input Eagle
gold, page-16
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.439M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $13.01K | 93.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11446 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 20000 | 1 |
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| Last trade - 13.08pm 11/09/2024 (20 minute delay) ? |
| ADV (ASX) Chart |