Sorry Process1 but you are just plain wrong about ADV's current...

Sorry Process1 but you are just plain wrong about ADV's current resource. They have a tiny resource when compared to the other Oz players. My table above demonstrates this very well I think. Can you present just one company, that has actually defined a resource according to JORC code or equivalent, that has a smaller resource when compared to ADV? I've looked but can't find any.

I don't see much point in talking about 'potential' since it's a guessing game. However, Brad Boyle is on record as defining an exploration target of 3 to 5 million tonnes at Seymour. This compares not very favourably with ADV's exploration target of over 1 billion tonnes.

The pro's and con's of resources in Africa is a valid debate to have, but we are talking about resource size in this thread. On this point, ADV doesn't compare at all well with the usual suspects. Sorry, but those are the facts of the matter.

I still maintain ADV is a good trading stock and there will be money made, but as a long term investment, I don't like it. Good luck.