ok guys I would like to highlight how cheap I think ADN is as a...

ok guys I would like to highlight how cheap I think ADN is as a Pilbara play.

ADN
100% interest
756kms of Pilbara tenements spanning 11 exploration licences and 238 blocks
SP 1.4c
MC approx. 8 million

IPT
100% interest
1300kms of Pilbara land simlar land area to ADN
SP 3.3c
MC 35 million plus

EYM
100% interest
512kms of Pilbara land middle and lower parts of the pilbara
SP 3.8c and going higher as I type lol
MC after acquisition will be 30 million plus
there just had a research report indicating value of 7c

PIO
not sure of exact land size
before notice of pilbara play
SP was 1.8c and MC was 15 million
now SP is 4c and mc is 50 million plus

given the above I see fair value currently for ADN at a SP of 5.6c
or a MC of 32 million.