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0.00% 0.5¢ adelong gold limited

Ann: Adelong Goldfield Strategic Review Update, page-12

  1. Woodpekker
    474 Posts.
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    10/09/20
    09:24
    Post #: 47226848
    So the plant is suitable to process ~ 25koz per annum. Possibly 30-35m aud$ free cashflow starting second half 2021! Gold price can be way higher by then, imo. PE ratio 10 would mean over 300m$ mcap ?! DDD starting to unfold an extremely impressive story. Should run significantly, more so if pending anns provide good results
    Last edited by Woodpekker: 10/09/20
    DDD Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 27  Upvote
    lightbulb Created with Sketch.  Great analysis
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