ADG 0.00% 0.4¢ adelong gold limited

Ann: Half Year Accounts, page-12

  1. 3,549 Posts.
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    Price prediction is difficult for this one.

    POG and drilling up a bigger resource, which is realisitc would obviously be both catalysts.

    Confirmation of gold production and first pours in 2021 would also be another.

    All three ?

    Current MC is < 20 M

    Projected 12,000 to 15000 ounces per year.

    As we have discussed before, should be able to process ore without interuption.

    Say 30 M gross income per annum for 10 years ?

    Dunno, what should the MC be based on these figures?
 
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