ADG 12.5% 0.4¢ adelong gold limited

Yeah, I remember DDD's marketing presentations spruiking plant...

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    Yeah, I remember DDD's marketing presentations spruiking plant commissioning & production by 2022, then 2023, then 2024.

    It took the previous owners of the Adelong mine (Maquaurie Gold Limited) 6 years to go from mine procurement to processing small amounts of material from the surface mullock dumps. Production results weren't spectacular as they went into care & maintenance a few months after they started commissioning their newly upgraded plant, then administration in 2019.

    Miracles required (for ADG to produce profitable amounts of gold).

    https://hotcopper.com.au/data/attachments/5823/5823093-6317353434ab821de48c78eae746f034.jpg
    https://hotcopper.com.au/data/attachments/5823/5823094-11009248034ae741e283fe2d473f67c0.jpg

 
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