ADG 0.00% 0.4¢ adelong gold limited

DDD....long term trend intact....will it double in the next 2 months?, page-9

  1. 3,618 Posts.
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    I will track down the info for you. I am pretty confident that the figures I quote are correct.

    https://hotcopper.com.au/threads/ann-near-term-production-targeted-adelong.5808874/

    Read the above announcement where they state 180,600 ounce resource.

    A 15 year mine life is predicted. However, this equates to 12,000 ounces per annum. I did state 15,000 per annum. So initial apologies if I am incorrect, however, I will look again to find this higher number.

    12000 ounces per annum for 15 years, with the potential of a resource increase is decent for a compnay with a MC sub 20 M.

    The consultants report conatins significant amount of information. Its a long, but good read.
 
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