ADU 0.00% 71.5¢ adamus resources limited

Hi Lionhunter,The value is outstanding assuming all goes to plan...

  1. 2ic
    1,317 Posts.
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    Hi Lionhunter,

    The value is outstanding assuming all goes to plan and then ADU gets picked up by LGL which has already stated it's desire for further acquisitions in West Africa and holds 10% of company.

    However, there are risks with the natives, approvals and the Ghanain government now insisting on a larger slice of the pie.... like rising capex and opex costs weren't bad enough.

    If you don't mind being lonely and cray-potted inside an undervalued but illiquid gold spec then next 6 months should see action and substantial price gain or something has gone terribly wrong. If you don't mind smelly fingers then by all means bottom pick.

    goodluck
 
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