Ok try and look at it this way.....it has taken ADV over three years and millions of dollars to JORC 1MT.... Any BOD and geo tech team worth their salt will most certainly drill and explore the best, most prospective sites first before expanding, trying elsewhere or abandoning the project all together.
So 3 years and millions of dollars for just 1MT with now a new geo team literally starting from scratch on ‘over 100 newly discovered prospective pegmatities’. How long and how much money do you think is a fair price to spend to increase our 1MT by 1000%?
IMO they would need four drill rigs minimum to find out if they can do it this calendar year. How many drill rigs do we have.......wait for it......1 drill rig.
Look my fingers, toes and other things are crossed in the hope that I am wrong but my finger will be on the trigger to exit if volume goes ballistic on anything other than an announcement stating we now have more than an 8MT Li resource.
Loosing money sux.
ADV Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
