new ady valuation confirms 150m first target

  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4980
    FYI

    Valuation report

    http://www.ady.com.au/uploads/news/c45147dee729311ef5b5c3003946c48f.pdf


    This just posted on ADY website. Confirms what I have bben saying regards ORE being valued between $120M and $150M post JORC with clear plan for DFS and production in place.

    This market cap is similar to RWD and MAK both of which have similar desirable (some say premium) projects at the JORC only stage of development.

    good luck
 
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