ADV 0.00% 13.0¢ ardiden ltd

Lithium related news, page-27

  1. 2,983 Posts.
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    These questions are all a bit pie in the sky Finn - lots of "what ifs". What if I won the lotto? I wouldn't be here to answer this question. Anyway, a long, long time ago, I was asked my opinion on what size would constitute an "attractive project". I can't remember exactly my response but it was close to 20Mt at 1.2% Li2O. People said I was greedy, insane, etc. Pfft, that's the minimum we need to look attractive. So, only 19.5Mt to go. It's taken ADV 3 years to find 440kt. How long do you think it's going to take to find the "hidden" 19.5Mt? And at what cost.


    Mate, compare the initial drill results of companies like PLS, AJM, BGS, AVZ, KDR, etc, etc, etc. All these resources are characterised by fairly consistent and good drill results almost from the beginning. None of them required Hail Mary drill results. One of these companies has had Hail Mary drill results from the start. ADV on the other hand, has had hit and miss results, without exception. 


    Moderators - no intention to cross promote. Reference to other "hard rocks" provides a necessary benchmark. 




     
 
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