ADT 0.00% $4.40 adriatic metals plc

Yes, strange the share price dropped given the good reported...

  1. 149 Posts.
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    Yes, strange the share price dropped given the good reported results. When one looks at the footprint in Figure 1, the inward bend from Section B-B' to A-A' looks artificial. Section A-A' shows that the deposit remains open to the right (= east) and the footprint will therefore most likely widen down plunge.

    The only explanation I have for the share drop is that the drilling plans do not seem to include holes down plunge across the current concession boundary. Does this indicate problems getting the concession extended? There is not a word about efforts being made by the company to get this done.
 
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