ADG 11.1% 0.4¢ adelong gold limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-27

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  1. 1,774 Posts.
    lightbulb Created with Sketch. 790
    It's interesting that the DDD Capex is very similar to the Tasman Resources Capex 12 years ago...

    2009 (TGX) Adelong Gold Project Capex + Initial Working Capital: $14m
    2021 (DDD) Adelong Gold Project Capex + Initial Working Capital: $14.2m

    https://hotcopper.com.au/data/attachments/3807/3807387-f6282d9ae3bc43a6bba94ff6cd2e0f0e.jpg

    I suspect it'll take a while to secure project funding for $14m : hopefully sometime before the end of next year (2022).
    Last edited by GravityWaves: 18/11/21
 
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