ADG 0.00% 0.5¢ adelong gold limited

just a guess undiluted cap of $20m pre-drill in current gold...

  1. 12,503 Posts.
    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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