Just a correction to the numbers in one of my earlier posts as there's no reason why ADG would have received $200k from the previous owner of the Brazil tenements, so subtract $200k from the $1,483k which then leaves $1,283k (then subtract whatever ADG have spent during the past 2 months).
So, they likely have something close to $1M cash after the recent CR (but that's only if Directors throw $110k onto the ADG pyre to help keep the fire burning).
Perhaps we'll see some drilling at Adelong later in the Mar'24 quarter, but I wouldn't be surprised if they need to do another $500k CR (before they progress with drilling) to accommodate cash-outflows from expenditure obligations on their Cosmo tenements, site visit & holidays in Brazil etc.
