ADG 0.00% 0.4¢ adelong gold limited

Ann: Adelong Plant Upgrade Underway, page-182

  1. 1,293 Posts.
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    I agree that things will move quickly LB as we have seen this company deliver so far and they will need to move things along to try and avoid raising too much capital and diluting SP too much. The strategy is near term production and self funding with Mullock piles initially.

    I suspect we will see another CR to pay for all this however it will all be clearer once we know costs and deal with Flannery and IPO etc.

    Even if the plant takes months to finish we should see SP re rate once we know a few more things like assays from last drilling and IPO. The market is forward looking so SP will reflect all this well before it happens IMO.

    I also think POG set to run again into end of year! Let's hope all plays out as planned and we all have a Very Very Merry Christmas! GLTA

    AIMO
 
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