Australia's largest stock trading and investment forum Australia's #1 stock forum

ADG

Click for more information

10.0%

0.5¢ adelong gold limited

Ann: Quarterly Cashflow Report, page-7

First 7 Last

Share
Profile

Follow
GT55

4,571 Posts.

1541

19/10/20

20:47

Post #: 48215518
Share

Originally posted by Fridayme: ↑

i wonder how far 1.7 million can go. if the funds can carry DDD for the next set of mining and upgrade to plant as well, we might not need a CR from that prospective.

However with the Cosmo IPO, if we shareholders decide to take up the IPO, there might be some dilution.

My question is, is it worth accepting the Cosmo IPO now at the current SP level or would it be better if we wait until after the plant is operational and then look at the Cosmo IPO where the SP could be higher.

This would mean less dilution if we wait or none at all if DDD can use the money generated from the mullock to make a deal. This however will be at least a year away and Cosmo could go to someone else in the mean time.

Personally i would like the company to concentrate on the Adelong deposit then worry about other areas like Cosmo later (When the plant is running).

Expand

Fme, the $1.25 million will last for 1.7 quarters from the end of the last qtr, (as started in the quarterly), so another 3 months and a bit after this month.

DDD Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

RBA holds rates as ALP election campaigning kicks off – expect more political focus

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

First 7 Last

Add ADG (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change -0.001(10.0%)		Mkt cap ! $5.030M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$3.6K	800K

Buyers (Bids)

No.	Vol.	Price($)
25	12809039	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	4800021	6

View Market Depth

No.	Vol.	Price($)
25	12809039	0.004
33	14440665	0.003
13	89360000	0.002
11	69055001	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	4800021	6
0.006	5461004	7
0.007	9197935	6
0.008	5833333	5
0.009	5194444	4

Last trade - 13.12pm 05/11/2024 (20 minute delay)

ADG (ASX) Chart