ADG 0.00% 0.4¢ adelong gold limited

Yes, I did know that (about the scoping study having assumed a...

  1. 1,654 Posts.
    lightbulb Created with Sketch. 670
    Yes, I did know that (about the scoping study having assumed a gold price of A$2650/oz). The prelim scoping study also includes a sensitivity analysis to reflect net cash flow outcomes on a couple of different price variations for POG, gold recovery, mining costs, process costs, capital costs. You'll find it on page (4) of the scoping study document if you feel inclined to consider the details.

    I notice in your post where you mentioned $526.6M (in the context of ADG's JORC resource of 167,700oz) that you didn't mention anything about costs / expenditure involved in producing 169,700 oz. Any particular reason why you decided not to mention anything about costs?

    Obviously the 167,700oz resource is only an accumulated estimate of patchy mineralisation in various places within the ADG mining & exploration tenements & isn't worth much unless it's extracted & sold.
 
watchlist Created with Sketch. Add ADG (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $4.322M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $2.165K 556.7K

Buyers (Bids)

No. Vol. Price($)
32 24274727 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 15596298 14
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
0.4¢
  Change
0.000 ( 14.3 %)
Open High Low Volume
0.4¢ 0.4¢ 0.4¢ 500000
Last updated 15.26pm 07/05/2024 ?
ADG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.