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0.00% 0.4¢ adelong gold limited

Ann: Adelong raises $500,000 to complete 2023 Drilling Program, page-4

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  1. ad0
    258 Posts.
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    27/06/23
    10:35
    Post #: 68486465
    I think the last program was $1.15m for about 1600-1700m?

    So $500k covers 2 x 300m holes...

    I wouldn't have the feintest idea what a good cost/metre is, but I assume they'll need a more powerful rig for getting 300m cores. Maybe not.
    Last edited by ad0: 27/06/23
    ADG Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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