ADV 3.57% 13.5¢ ardiden ltd

MBB - PLS are about to release a resource upgrade of 70-80MT...

  1. RDL
    3,830 Posts.
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    MBB - PLS are about to release a resource upgrade of 70-80MT contained LiO2 @1.2-1.6% and a big chunk in the indicated JORC category. That is the result of 1.5yrs drilling and activity. Hence the market cap.

    This lithium project is nothing more than a few drill intercepts, hence the ADV market cap. BUT, big BUT here, if ADV can prove up the area with exploration drilling then the market cap will surely start drifting same direction as PLS has done since mid-2014. Graphite project I know little about, but successful drilling on both would have to equate to multi-bagger from here.
 
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