ADG 0.00% 0.5¢ adelong gold limited

Hi @midastouch0707, how's things?We'll see how things pan out...

  1. 1,736 Posts.
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    Hi @midastouch0707, how's things?

    We'll see how things pan out for ADG. At the very least they'll need to deliver the following...

    1. Lots of site drilling (i.e. multi-rigs 15 - 20km).
    2. Announce Ore Reserves.
    3. Announce a completed BFS.
    4. Receive all the necessary regulatory approvals for the proposed expansion of mining & processing.
    5. Announce project funding (at least $20M+)
    6. Site strip in readiness for open pit mining.
    7. Upgrade the plant.
    8. Commission the plant & achieve nameplate processing capacity.
    9. Announce some new high-grade gold discoveries.

    If things go really well, there's a chance they might start producing gold sometime in 2027 (or later).
 
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