I tend to agree @playwithfire.By the time the next round of...

I tend to agree @playwithfire.

By the time the next round of drilling materializes on site at Adelong it'll probably be much closer to 12 months since their previous drilling program way back in Apr'23.

Looking at the proposed issue of securities announcement from 29/11/23, the meeting to approve the cap raise share issue to directors & refresh ADG's share placement capacity is due to happen on the 22/01/24. The half-yearly report will drop around mid-March & might offer some additional colour on the underlying financial reasons for the deferred drilling at Adelong.

In the absence of announcing a joint venture agreement with a cashed-up entity & aggressive drilling programs, it won't be any surprise if ADG remains stuck alternating between neutral & reverse gears.