@asx11, forget about multiplying the total resource by the price of gold. Any gold that's stuck in the ground isn't worth much unless it can be mined, processed & sold.
- In the scoping study it clearly shows that in a 5-year period (Mine Life) ADG have estimated that they might be able to produce 81koz.
- ADG have also estimated that the money they will have to pay (i.e. the costs to produce 81koz over a 5-year period) is $144.75 Million (i.e. $11.88M + $124.49M + $8.38M)...Refer to the costs highlighted in the red rectangles below.
@asx11, forget about multiplying the total resource by the price...
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Mkt cap ! $4.322M | |||
| Open | High | Low | Value | Volume |
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| 0.4¢ | 15596298 | 14 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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| Last updated 15.26pm 07/05/2024 ? | |||||
| ADG (ASX) Chart |