ADG 11.1% 0.4¢ adelong gold limited

took me awhile to read up and get caught up...!very interesting...

  1. 456 Posts.
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    took me awhile to read up and get caught up...!
    very interesting points put forward by all holders.

    on the immediate short / mid term...

    the metrics that will drive sp forth are in short term to mid term:
    - drill results - movement based on results
    - resource update / upgrade
    - spinning off cosmo into new ipo - movement based on extra value to shareholders with in-specie distribution of units in new company.
    - not sure on the ratio of the in-specie and
    - possible units + a small cent added for the spin off, just speculation and not financial advise. just me musing

    lots lots to like about this company. this is a medium ~ long hold for me.
    any dip is a buy opportunity.. not that it will drift any further down. the 0.6c wall is huge.
    we now wait - at agm and decision on the spin off, and then the sophs and insto might start making a move and drive the sp further up.

    just my opinion and not financial advise.
    dyor..

    cheers and GLTAH
    Last edited by JohnTCH: 09/10/20
 
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