Ann: Ardiden Ltd Webcast, page-16

You are absolutely correct in saying that ADV have gone nowhere in the past 12 months....except for:

- 1 mt JORC
- 100% acquisition of Seymour Lake
- 100% acquisition of Pickle Lake
- 100% acquisition of Wisa Lake
- 100% acquisition of Bold Property - Cobalt/Copper project
- Secured finance in order to exercise term sheet with Yantai once resource can be expanded (next 6 to 12 months).
- Met test work, HLS test work and DMS test work all revealing extremely good results.
- Expansion of Seymour lake including strategic direct rail access to Ferland train station.
- GPR scan reveals 100 more pegmatite prospects

So other than the above little details, yes ADV has done squat.

Last year is now in the rear view mirror. I am more than happy to top up now at these levels as I do believe the tide is changing for ADV. I'm expecting a general change in sentiment over the coming months.