ADT 2.51% $3.69 adriatic metals plc

I wouldn't wring my hands over potential penalties. If...

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    I wouldn't wring my hands over potential penalties.

    If underground mining, OpEx should be under US$80/t.

    NSR for Zn con alone should be over $175/t mined.

    NSR for Pb con alone should be over $220/t mined.

    So even if just one of these concentrates are saleable/marketable, then we should see very healthy margins.

    The company has suggested that Rupice is amenable to bulk surface mining methods. If open pit, site costs should be under US$30/t. So metallurgy may be more important to mine plan than actual feasibility of the deposit.
 
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