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0.00%

0.4¢ adelong gold limited

so that sets the target at 2.5c

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Mahony

2,461 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 0.4¢		Change 0.000(0.00%)		Mkt cap ! $4.322M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
36	29821391	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	16023189	17

View Market Depth

No.	Vol.	Price($)
36	29821391	0.003
15	50633666	0.002
12	77155000	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	16023189	17
0.005	17648983	14
0.006	11446936	9
0.007	2386818	3
0.008	369843	2

Last trade - 16.12pm 17/05/2024 (20 minute delay)

ADG (ASX) Chart

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