Adavale Resources Limited ("ADD") - Cheap Coal??

[gazprom1]

I guess we will have to wait until the capital raising is out of the way and wait for the news to start flowing in. End of November onwards promises to be interesting times....tempted to buy a few more!!

Gazprom

[percy]

Thanks Steve,I brought a few this afternoon at 2.2cents.Look forward to the options listing as I see they are at 4cents on 31/7/14,so are long dated.

[steve fleming]

Hmmm....all of a sudden there are 1.3 mil buyers @0.022 and 1.8 mil buyers @0.020. Don't know where they came from.

Interesting.

[STRAT]

Hmmm....all of a sudden there are 1.3 mil buyers @0.022 and 1.8 mil buyers @0.020. Don't know where they came from.

Interesting.

Perhaps its a few punters from here Steve,.

You have been on fire this year

[Entrep]

Picked up a parcel of these at 2.1c

[gazprom1]

SF,

Since cap raising the price has gone from 2.0 cents to 2.3 cents - could we see a P&D? Cap raising was a disaster in terms of participation from S/H's but good for the related party insider who had underwritten the issue. They provide very little information to the market which is of a concern. Would be great to see them get some news out into the market.

Options are not listed which isa shame as would have been good to laod up on them.

Hoping ADD is going to be the stellar year end performer.

Gaz

Discl: Hold

[steve fleming]

SF,

Since cap raising the price has gone from 2.0 cents to 2.3 cents - could we see a P&D? Cap raising was a disaster in terms of participation from S/H's but good for the related party insider who had underwritten the issue. They provide very little information to the market which is of a concern. Would be great to see them get some news out into the market.

Options are not listed which isa shame as would have been good to laod up on them.

Hoping ADD is going to be the stellar year end performer.

Gaz

Discl: Hold

Hi Gaz,

Yep, i took up my entitlement in full - it was a no-brainer surely??

Pg 18 of the Prospectus says that an application will be made for quotation of the options....but Pg 17 of the Prospectus says that an application will NOT be made???

I would have thought they will be listed, will be dissapointing if they are not ....hmmm....will have to check with the co.

[drillfix]

So is there anyway as yet to judge what this actual company will do, where it will do it, and of course, when it will do whatever it is that its going to do? :P

I know that sounds a bit confusing, but in brief, when will the mystery veil be unveiled? No doubt, once the SP has bolted out the gates.

[gazprom1]

Hi Gaz,

Yep, i took up my entitlement in full - it was a no-brainer surely??

Pg 18 of the Prospectus says that an application will be made for quotation of the options....but Pg 17 of the Prospectus says that an application will NOT be made???

I would have thought they will be listed, will be dissapointing if they are not ....hmmm....will have to check with the co.

SF,

Looks like all the insiders have all filled their boots....extra 9m shares issued over and above the shortfall allocation. Nice that they did not let us subscribe for any of the shortfall. Shares have moved up 25% over the past week...beautiful. I loaded up as much as I could stomach pre and post rights so feeling comfortable with a nice buffer there. I did the same with BUR and it has been a success except they allowed us to take up the shortfall...up 27% in a couple of weeks.

Need some news of the development/ contracts to continue to see it move up.

Cheers
Gaz

[soulman]

Weird ain't it that the options aren't listed. Got me stumped. I thought it was a shoe in but didn't read the fine line.

Anyway, it has been a success so far with the price action.