Hi all,
On my reading of historical prices on a number of successful stocks, such as GXY and PLS, they tend to flounder at low prices (sub 1oc) for a long time, despite positive announcements during the exploration stage of their development. As far as I can tell, it isn't until they announced off-take deals that their price really takes off. If you have faith that ADV has a JORC resource of 10mt or more in lithium and graphite then don't worry about the security of your investment. I don't expect a big increase in price, even with the announcement of a commercial JORC resource. I'm waiting for the off-take agreement for the price rocket we're all waiting for. Unfortunately I have no idea when that will be, but not before the second half of the year I'm guessing.
Tez.
NO NEWS?..........., page-51
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13.0¢ |
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Mkt cap ! $8.127M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $12.20K | 92.40K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 172430 | 12.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 990 | 1 |
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