ADV 0.00% 14.0¢ ardiden ltd

I would like to thank the up-rampers for giving me the...

  1. 93 Posts.
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    I would like to thank the up-rampers for giving me the opportunity to sell down 75% of my ADV holding with a decent profit. Still holding 800,000 shares as there is a lot to like – jurisdiction, lithium grade, Yantai, potentially cheap recovery costs, seemingly good relationships forming locally, transport infrastructure, gold etc…
    However, as BB explained to many of us at the last Melbourne meeting Seymour is a tenement that is very difficult to drill given the nature of these lithium veins. You can drill and so easily miss the vein. Fast tracking to preliminary mining was mentioned as potentially a more cost-effective way of defining the resource. Either way an extensive well planned drilling program or fast tracking to mining will not proceed without funds.
    Looking forward to hearing CR plan before buying up again.
 
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