ADG 10.0% 0.5¢ adelong gold limited

Ann: Australian Gold Conference Presentation, page-8

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  1. 1,770 Posts.
    lightbulb Created with Sketch. 785
    The latest marketing presentation (Aug'24) looks similar to the Nov'23 presentation that was announced in the lead-up to the Nov'23 CR...


    Drilling is yet to materialise on site in 2024 & the next CR sometime during the Dec'24 quarter by the looks of things.

    Lots of drilling action is required on site to underpin a BFS & secure project funding.

    The title of ADG's Aug'24 presentation "Re-awakening One of Australia's Richest Gold Mines" reminds me of an announcement from Wiluna Mining (WMC)..."Awaking a Sleeping Giant as High Grade Results Continue"....however as things turned out (i.e. plant commissioning issues / Covid logistics issues / business agreement issues with the Russians), the Wiluna Mining Giant went back to Sleep due to cash flow problems & voluntary administration.

    Regarding ADG, I tend to agree with your comment "..we have a long way to get back to pre-consolidation times..."
    Last edited by GravityWaves: 27/08/24
 
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