ADG's recent marketing headline "Re-awakening One of Australia's Richest Gold Mines" seems to have a similar theme as WMC's "Awakening the Sleeping Giant" announcements from 02/09/20, 27/10/20 & 05/11/20. Unfortunately for WMC their May'22 $80M CR to finish a plant upgrade & ramp-up production from 42koz p.a. to 100k-120k oz per annum only collected around $30M & they went into VA two weeks later (still in VA & recently removed from ASX listing).Regarding the new Ian at ADG, it'll be interesting to see whether or not his recent corporate & production failures / experiences at NML will help steer ADG to gold production success. Only time will tell.
ADG's recent marketing headline "Re-awakening One of Australia's...
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $3.882M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $424 | 116.3K |
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| Last trade - 11.09am 03/05/2024 (20 minute delay) ? |
| ADG (ASX) Chart |