ADG 0.00% 0.7¢ adelong gold limited

"I believe Ian is working hard and fast to get Plant into gold...

  1. 1,684 Posts.
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    "I believe Ian is working hard and fast to get Plant into gold production ASAP"

    @CJTJ, it'll be interesting to see if the new Ian brings any speed improvement to ADG's drilling rate of exploration (measurable in metres drilled) which has been zero for the past 11.5 months.

    Looking at ADG's recently announced TMD, there's a chance things might progress in line with their "medium to long term outlook"...so possibly targeting commencement of production somewhere between CY2026 - CY2029 with a number of dilutive cap raises between now & then.

    It would certainly classify as an achievement (miracle) worthy of applause if ADG manage to change their activities focus & drill on site (instead of extending their drilling hiatus), upgrade their scoping study, deliver a bankable feasibility study, receive all the necessary regulatory approvals, secure the required project funding, develop the mine, upgrade the plant & then commence gold production in CY2026...

    https://hotcopper.com.au/data/attachments/6082/6082374-54079c61745092a82e62ccee783049b6.jpg
    Last edited by GravityWaves: 05/04/24
 
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