Australia's largest stock trading and investment forum Australia's #1 stock forum

ADV

Click for more information

0.00%

14.5¢ ardiden ltd

Is the FINAL run to 3.5 cents?, page-46

First 46 Last

Share
Profile

Follow
Morebulllessbear

3,931 Posts.

80

22/01/17

22:29

Post #: 22064132
Share

Originally posted by Paul7890 ↑

Nothing about the Manitouwadge project has really stood out to me (yet). The grades so far are low (mainly hitting around 4.5%, with only very small hits of around 10% grades (1 or 2 metres worth) - as of announcement 5th Jan 2016).

Even if the company can expand the resource there are a host of would be graphite miners I can think of that have better grades than 4.5%. About 9 in Africa, 3 in Australia, 1 in Canada, and 1 in South Korea, and thats just off the top of my head. Now of course thats just looking at grading and there are other factors at play such as flake distribution and purity, of which, again there are quite a few with flake distributions better or competing with Manitouwadge resource.

The company really needs to hit the sweet spot with grades in this upcoming announcement, and if it does, don't expect much of a price movement, thats just the nature of the graphite sector.

The Lithium remains the key to this company's success IMO, thats where there is potential.

All IMO.

Expand

SUPER JUMBO FLAKES LOL.

ADV Price at posting: 3.1¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

First 46 Last

Add ADV (ASX) to my watchlist

(20min delay)
Last 14.5¢		Change 0.000(0.00%)		Mkt cap ! $9.065M

Open	High	Low	Value	Volume
14.0¢	14.5¢	14.0¢	$13.60K	94.76K

Buyers (Bids)

No.	Vol.	Price($)
2	135473	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	8100	2

View Market Depth

No.	Vol.	Price($)
2	135473	0.145
3	128282	0.140
5	57975	0.135
5	100008	0.130
3	73999	0.125

Price($)	Vol.	No.
0.150	8100	2
0.155	17921	4
0.160	36799	6
0.165	250000	1
0.170	4617	1

Last trade - 13.29pm 11/06/2024 (20 minute delay)


Last 14.5¢			Change 0.000 ( 3.33 %)
Open	High		Low	Volume
14.5¢	14.5¢		14.5¢	3735
Last updated 13.29pm 11/06/2024 ?

ADV (ASX) Chart