ADT 0.26% $3.78 adriatic metals plc

Ann: New Concession Area Exploration Permit & Geophysical Survey, page-7

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    If they can even add another 5Mt of Rupice style mineralisation it will be another huge lift in cashflow given minimal capex. SP1 and SP2 look like very interesting targets. Even pittable material in Vares East corridor would do fine.

    Sprott are modelling 10Mt at 8%= ZnEq in Serbia as well which I think is getting very little credit. I think if it was 10Mt at 2.5% CuEq (given a fair chunk of it will be pittable) you would be seeing heaps of interest.
 
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