ADG 0.00% 0.5¢ adelong gold limited

Hmmm, they're saying "ready to take things to the next level"...

  1. 1,736 Posts.
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    Hmmm, they're saying "ready to take things to the next level" but really only shuffling between basement levels at this stage.

    From where things are at in Aug'24, still a long way to go before ground-floor level (i.e. first gold pour).

    • Approvals for existing development consent modifications.
    • Obtain new development consents required for the inclusion of Currajong & Caledonian deposits.
    • Organise & execute the drilling required to upgrade resources & then announce a Maiden Ore Reserves statement to the Market.
    • Announce a finalised a Bankable / Definitive Feasibility Study.
    • Secure & announce $15M Project Funding.
    • Execute initial site works for open pit mine development (e.g. waste removal / site stripping).
    • Upgrade the existing non-functioning plant (we were told in Oct'22 this would take 9 months).
    • Commission the upgraded plant.
    • Announce production of 'First Gold' to the Market.

    https://hotcopper.com.au/data/attachments/6401/6401733-b64276d173400794c938816685729c46.jpg
 
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