ADG 0.00% 0.5¢ adelong gold limited

Ann: CAZ: Updated ASX Announcement - Halls Creek, page-11

  1. 412 Posts.
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    It doesnt matter how much was spent on halls creek. DDD is an exploration company, you can't expect them to recoup money spent on every exploration project they have.
    They have an gold mine which previously produced and has a resource, why would they spend money exploring tenements and potentially come up with nothing or a resource that is not viable.
    Better to focus on the gold asset and sell off other projects that will just cost them money to hold. This also reduces the need for a further CR.
    Definitely a POSITIVE thing!
 
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