ADG 0.00% 0.4¢ adelong gold limited

@Swingsnroundabouts it appears the $0.009 sell queue has...

  1. 1,710 Posts.
    lightbulb Created with Sketch. 703
    @Swingsnroundabouts it appears the $0.009 sell queue has re-loaded & you can back up your truck to load up.

    After 3.5 years of ownership, a few modest drill campaigns, a preliminary scoping study & a 1:10 share consolidation, ADG looks like they're still a long way from the $15M - $16M they need for their mine development & plant upgrade.

    Perhaps CY2024 will be the year they decide to produce a marketing DVD in hopes of securing a suitable JV with a cashed-up entity, or if that doesn't materialize, keep drilling (on a lean budget) for another couple of years & then sell the mine for something between $1.2M - $1.8M (similar to one of the previous owners TGX)...

    https://hotcopper.com.au/data/attachments/5438/5438573-82aa8376b1a4591f98e146a55143f518.jpg
    https://hotcopper.com.au/data/attachments/5438/5438579-c71bd3881d4daf60894b1dc9c243ed2f.jpg

 
watchlist Created with Sketch. Add ADG (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $3.912M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $6.874K 1.964M

Buyers (Bids)

No. Vol. Price($)
39 34349666 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 3503399 9
View Market Depth
Last trade - 11.00am 08/08/2024 (20 minute delay) ?
ADG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.