Hi You30ate, I get what you are saying regarding those other...

Hi You30ate, I get what you are saying regarding those other lithium stocks you mentioned . But you have to compare Apples with Apples. I always use CXO as a yard stick for ADV. ( no intention to cross promote just for reference). They have a market cap of $39.3m , so approx five times our current market cap. Cash at hand as of 31 october $5.5m so pretty close to our current cash balance. Resource wise they have moved from 1.8 mt to 5 mt hoping to hit 10 mt, so half of what you say is required to mine. They do have non binding agreements in place with two companies for a total of US$55m should they hit certain bench marks. Comparing latest drill results for both companies it appears that ADV had  thicker intercepts, higher grades at comparable depths.

I think 10mt is more than enough to get mining/offtakes. ADV has a ways to go, but the results are getting better. So heading in the right direction. I won't list all the positives I believe ADV have, I'll just refer to previous posts. I will take issue with you on ADV's current resource size, it is implied by you calcs that the resource size is  .5mt which is doing ADV a huge disservice . I know you are going to get into indicated /inferred argument , .44mt indicated. and the rest of the 1.23 mt as inferred. But all lithium companies do this and is allowed under strict guidelines. That resource of 1.23 mt was back in Oct 2017, so well over a year ago. It is outdated and obsolete , the resource has grown and we are heading towards a substantial upgrade in the near future.

All imo and DYOR