ADU 0.00% 71.5¢ adamus resources limited

Ann: Merger of Equals of Adamus Resources and End, page-17

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  1. LZA
    1,855 Posts.
    re: Ann: Merger of Equals of Adamus Resources... my view is that cash put into paying off hedges merely brings losses forwards, and is only profitable if gold continues to rise.............whereas cash put into increasing mine production, say at $600 / oz would be highly profitable and production increase would increase share value.
 
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