Agree 100% @stanley1980. My expectations were that anything above $1.2 Billion would be a bonus so I must admit to being disappointed overall. Metal prices used do bother me... magically bringing us a whisker above the magic $1bill number feels a little to cute for my liking. But none of this changes the fact this is a quality deposit and quality story with much more to come.
For the record I did trim my holding on announcement to chase other opps but this is still my largest holding by a large margin. At 0.4 x NAV I have us undervalued circa 25% and like everyone I'm pretty excited to see the next batch of drilling results from Kizevak and permitting progress.
Ann: Adriatic Metals Exceptional Pre Feasibility Study Vares, page-22
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