Been following ADT over the last year or two, noticed that their projected silver revenue was about 1/3 of total life of mine, while precious metals totalled around 50%.
This was based on $25 USD Silver, $1800 Gold, $3000 tonne zinc.
With 2024 Silver expected to average closer to $30, and Gold closer to $2500 ... ADT might soon be eligible for Gold/Silver ETF inclusion, which then brings with it large capital investment, and additional share price appreciation (in addition to beating revenue and profitability targets).
ADT (now the only silver-focused producer on the ASX) could soon get a precious metals miner re-rate. Lots to like. Watch this space.
Been following ADT over the last year or two, noticed that their...
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Last
$4.57 |
Change
-0.060(1.30%) |
Mkt cap ! $1.185B | |||
| Open | High | Low | Value | Volume |
| $4.64 | $4.67 | $4.57 | $4.335M | 946.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48021 | $4.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.58 | 450 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$4.61 |
Change
-0.060 ( 1.21 %) |
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| Open | High | Low | Volume | ||
| $4.66 | $4.68 | $4.57 | 86621 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| ADT (ASX) Chart |