That's true @CJTJ, unexpected around the corner developments do happen. Sometimes they're spectacularly good...sometimes they're spectacularly bad....most of the time they're somewhere in between.
If I was to have a reasonable guess at how long ADG's piece of string production timeframe is using April'24 as a reference...
- 12-18 months : Progress & deliver Bankable Feasibility Study…then add...
- 3-6 months : Secure finance…then add...
- 6-9 months : Plant Upgrade construction works & site strip in readiness for mining…and also factor-in...
- 3-6 months : Adverse weather affecting site works & delays in plant commissioning…
(2026 – 2027) would be my guess (i.e. similar guess from a few years ago) assuming things don't turn to burnt custard for ADG during the next couple of years.
Considering the change in focus to future planned drilling (i.e. within the ML1435 area rather then EL5728), it'll be interesting to see what changes management make to their current 2023 - 2026 Gold Mine Forward Program...
That's true @CJTJ, unexpected around the corner developments do...
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