Only time will tell @Aljn if ADG's lacklustre SP is just for a short time, or an extension of a much longer period.
Plant commissioning is where things unexpectedly went pear-shaped for the previous owner of the Adelong mine & GDM will need to do spectacularly better than the previous owner using the same plant infrastructure.
ADG's SP trajectory will no doubt be strongly influenced by the 49% JV equations (costs vs revenue) that come into play after GDM achieve first gold.
Ann: GDM: GDM commences operations at the Challenger Gold Mine, page-36
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Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $9.309M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $5.304K | 1.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 80687237 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 27200505 | 18 |
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| Last trade - 12.22pm 24/06/2025 (20 minute delay) ? |
| ADG (ASX) Chart |