Looking at the comments in the quarterly, the next thing for DDD appears to be finalising the updated Scoping Study, however, based on the flavour of the last couple of CR's (and the skinny $500k in the petty cash box) I think there's a reasonable chance they may need do another CR (sometime Aug / Sep would be my guess) before the updated Scoping Study is eventually released.
A pattern of CR's & non-delivery of the updated Scoping Study seems be forming...
04/02/22 - 'Raise $900,000 to Progress Drilling & Finalise Scoping Study'
29/06/22 - 'Funds Raised to Finalise First Phase at Adelong Gold Project'
If they can't deliver an updated Scoping Study (for whatever reason) then I'd say they'll be into Administration. They're not quite there yet but things are definitely looking a lot more sketchy compared to 12 - 18 months ago IMO.
- Forums
- ASX - By Stock
- ADG
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9
-
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADG (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.471M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $25.53K | 6.394M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 33313061 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 2371470 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 33313061 | 0.003 |
14 | 44440000 | 0.002 |
14 | 146355000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 2371470 | 4 |
0.005 | 6857763 | 12 |
0.006 | 9291000 | 7 |
0.007 | 5770901 | 7 |
0.008 | 2321335 | 3 |
Last trade - 15.44pm 16/08/2024 (20 minute delay) ? |
Featured News
ADG (ASX) Chart |