ADG adelong gold limited

Hi all,I've heard that 8 minutes of rubbish that Hasting has...

  1. 131 Posts.
    lightbulb Created with Sketch. 65
    Hi all,

    I've heard that 8 minutes of rubbish that Hasting has posted.

    For a start he said they won't finish drilling til the end of the year and it will take 6-9 months to re-commision the plant.
    They're still trying to grab $12 million in the mean time. So we are looking at, at least 17 months before any gold is poured. He intimated $12 million would result in $82 million worth of gold. He forgot to tell you how much it would cost to dig it up and process it. It may not even be economically viable.

    I'll guarantee you from past performance by hasting that by the time the 17 months is up, that $12 million would have disappeared and he'd have to do another fundraiser.

    That's my opinion from all the dealings I've had with him over the last decade.

    Good luck to you all.

    PS. what say you @GravityWaves

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.6¢
Change
-0.001(14.3%)
Mkt cap ! $13.90M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $51.34K 7.697M

Buyers (Bids)

No. Vol. Price($)
59 58795856 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 55494856 35
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
ADG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.