ADG 33.3% 0.4¢ adelong gold limited

Hi @spinc, DDD / ADG management have received a tad more than...

  1. 1,653 Posts.
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    Hi @spinc, DDD / ADG management have received a tad more than 100s of $k from investors for the Adelong project...

    $ 2,161,125 : (11/05/20 - 3D Resources CompletesPlacement)

    $ 275,645 : (20/07/20 - 3D Resources CompletesReplacement options Shortfall)

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

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

    $ 900,000: (04/02/22 – 3DResources Raises $900,000 to Progress Drilling & Finalise Scoping Study atAdelong Goldfields)

    $ 500,000 : (29/06/22 – 3D Resources RaisesFunds to Finalise First Phase at Adelong Gold Project)

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


    $6,486,853


    It'll be interesting to see if all the Directors took up their full entitlement as per their comments in the announcement from 25/11/22. Change of Directors Interest Notices should be appearing sometime in the next week or so.
    https://hotcopper.com.au/data/attachments/4927/4927353-137cba20cfe6a6f13e73ac55a564532b.jpg

    So at this stage, after 2+ years of chronic DDD / ADG underperformance & looking at the stormy economic climate brewing for CY2023, the below 2 minute video clip could be a reasonable metaphorical summary of DDD's / ADG's past performance & increasingly precarious future..

    https://youtu.be/0chUV_kzKm0

    Last edited by GravityWaves: 22/12/22
 
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