ADV 0.00% 13.0¢ ardiden ltd

I have an opinion that results are bad and that's flaming and...

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  1. 2,983 Posts.
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    I have an opinion that results are bad and that's flaming and baiting? Are you serious? Report if you so wish. 


    Compare ADV with its peers......PLS, AJM, BGS, KDR, AVZ, etc, etc, etc. What ADV has at this point in the exploration cycle is a fractional poofteenth of one percent of what their peers had at the same point. For example, one of the Pilbara plays took four years from first drill to first production. ADV has taken three years (or so) from first drill to sandpit.  


    On top of that, these new results are no better than the average of all the drill results since drilling at Seymour began. Considering ADV's SP performance over this time frame, a reasonable person would conclude that one of the reasons for this would be that the drill results are "bad".


    Is this reasoning adequate for your purpose?

 
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