ADU 0.00% 71.5¢ adamus resources limited

Ann: Commercial Production Commences at Nzema Gol, page-4

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  1. 10,469 Posts.
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    re: Ann: Commercial Production Commences at N... Congratulation Hotfire

    My main concern is the hedge and the likelihood of a significant dilution to shareholders to clear it. Clearing the hedge could turn out positive for ADU in the long run, but who knows.

    When talking to ADU ealier this year I was told that they would be accessing their higher grade ore later this year after thy have relocated some village. The mining operation seems to be going pretty smoothly.

    I may buy a few more ADU later this year, but mainly to trade them rather than for a buy and hold. I am uncomfortable being overweight any company and ADU now represents almost 10% of my portfolio/cash.

    loki
 
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Currently unlisted public company.

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