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0.6¢ adelong gold limited

Ann: Improved Resource Assessment for Challenger, page-88

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Jenduplex

72 Posts.

44

21/09/21

11:21

Post #: 56231937
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Originally posted by Dealingear23: ↑

Tbh dont know where all this random panic has come from. We know this is a long term project, production is scheduled for 2022 until then we are drilling to increase resource and assess viability on underground and open pit options. Nothing is happening soon to rerate the company. Yes CSM spin out was a bit of shmozzle but lets not forget the end goal and more importantly remember the longer it takes for the company to define the plan the better we are suited to not end up in the same dramas the last company managing this tenement and plant ended up in. This is a low cost revival play, a potentially very fruitful one, and nothing else.

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Cosmo will continue to be a money pit for DDD. DDD will have to keep funding litigation, salaries and exploration with no certainty around keeping the tenements.

IMO DYOR

DDD Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
5 Upvote

2 Great analysis

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