3rd quarter report not giving any new information. BFS due soon, upgrade of resources to follow.
some promising finds and no doubt more reserves to add, but issue of electricity a bit of a worry. no rain in Africa either.
"Adamus’Southern Ashanti Gold Project is strategically located close tothe Ghana power grid which it intends utilising when serviceable. Whilst not affecting operations at the present time, the Company is evaluating the potential future impact of the current power shortage situation on its future plans. Relevant factors include future rainfall, the timing and eventuality of new Ghana government supply initiatives such as alternative generation following construction of the West African gas pipeline and the projected frequency of future outages
ADU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
