@playwithfire I suspect ADG are about due for another investor...

@playwithfire I suspect ADG are about due for another investor presentation. The next CR won't be far away.

For the period 11/05/20 - 23/01/23 (i.e. 3 years, 1 month & 10 days) they've raised circa $7.64M & successfully delivered the below milestones:

• Failed Cosmo IPO
• 1:10 share consolidation
• Average / underwhelming drilling results (note: Market isn't impressed)
• Withering Market Cap & precarious SP
• A change in project focus from unachievable near-term gold production in 2021 / 2022 to long-term occasional drilling on a skinny budget going forward.

DDD / ADG Cap Raise History 11/05/23 - 20/06/23...all SP noted below are post-consolidation equivalent...

11/05/20 : $2,161,125 - 3D Resources Completes Placement

SP @ $0.02

...71 days later…

20/07/20 : $275,645 - 3D Resources Completes Replacement options Shortfall

SP @ $0.05

...40 days later…

28/08/20 : $1,225,000 - 3D Resources Completes $1.225M Placement to Accelerate Goldfields Project

SP @ $0.06

...277 days later…

31/05/21 : $1,300,000 - 3D Resources Raises $1.3M to Expedite Activity at Adelong Goldfields NSW

SP @ $0.05

...250 days later…

04/02/22 : $900,000 - 3D Resources Raises $900,000 to Progress Drilling & Finalise Scoping Study at Adelong Goldfields

SP @ $0.03

...146 days later…

29/06/22 : $500,000 - 3D Resources Raises Funds to Finalise First Phase at Adelong Gold Project

SP @ $0.02

...177 days later…

22/12/22 : $125,083 - Notification of Under Subscriptions For Non-Renounceable Rights Issue

SP @ $0.009

...33 days later…

23/01/23 : $ 1,150,000 - Adelong Gold Raises $1.15M via Shortfall Placement and Convertible Note

SP @ $0.013

...@ 20/06/23…149 days since the last CR…

SP @ $0.008 (but looking like it'll be going down further)

Total Cash raised (11/05/20 – 23/01/23) = $7,636,853 (probably before costs)