ADG 10.0% 0.6¢ adelong gold limited

Just a correction to the numbers in one of my earlier posts as...

  1. 1,669 Posts.
    lightbulb Created with Sketch. 681
    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.
    Last edited by GravityWaves: 01/12/23
 
watchlist Created with Sketch. Add ADG (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.001(10.0%)
Mkt cap ! $5.59M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $105.2K 19.93M

Buyers (Bids)

No. Vol. Price($)
4 1840000 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 343169 3
View Market Depth
Last trade - 15.41pm 11/06/2024 (20 minute delay) ?
Last
0.5¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.6¢ 0.6¢ 0.5¢ 9503319
Last updated 15.41pm 11/06/2024 ?
ADG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.