ADG 0.00% 0.5¢ adelong gold limited

Ann: Adelong Gold Investor Presentation, page-4

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  1. 1,061 Posts.
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    They said "KEY ASSUMPTIONS USED IN SCOPING STUDY
    • Gold Price $A2,650/oz"

    And to proceed to production they are going to be, " Sourcing of finance for the development".

    Gold is currently $A2588 (today).

    This doesn't seem to be adding up then as a profit making enterprise that could expect to get the developmental finance?
 
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