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0.5¢ adelong gold limited

so that sets the target at 2.5c

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Mahony

2,462 Posts.

131

07/09/17

14:37

Post #: 27064161
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Originally posted by treasurehunter ↑

just a guess

undiluted cap of $20m pre-drill in current gold bull mkt

have a look at them all running CAI VEC DEG ARV KAI

not only we have 700k+ oz resource

most probably didnt realize this is actually a near term development play rather than a pure exploration play. so deserves a rerate to higher levels based on the advanced nature of the project

and 12-18 months away from production, bearing in mind delays r frequent to see in small caps space

remember this is also backed by smarties who backed KNM from mid 1c

and they r buying up big time on mkt with minimal selling for a reason

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so that sets the target at 2.5c

DDD Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $5.59M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$21.91K	4.404M

Buyers (Bids)

No.	Vol.	Price($)
30	40537749	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	12398687	2

View Market Depth

No.	Vol.	Price($)
26	39337749	0.004
38	33014722	0.003
8	49500000	0.002
9	97805000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	12398687	2
0.006	3706818	5
0.007	2880000	7
0.008	5855212	4
0.009	2255000	4

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last 0.5¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
0.5¢	0.5¢		0.5¢	3232539
Last updated 15.39pm 07/06/2024 ?

ADG (ASX) Chart