ADT 0.29% $3.48 adriatic metals plc

Ann: Further Northern Extension to High Grade Mineralisation, page-146

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  1. 613 Posts.
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    Based on my model, they will need to drill several infill holes up plunge and also drill a few step outs up and down dip from recent holes. 

    Even before drilling down plunge extension, I estimate 4.5Mt+ @ 14g/t AuEq (2Moz-3Moz). 

    Show me another ultra high grade deposit with 2-3Moz AuEq trading at such a ridiculously low market cap.  I haven't come across any (that isn't fatally flawed or facing intense local opposition).  The maiden resource can't come soon enough.  Should shut up the charlatans who are putting out BS analysis estimating a ridiculous 2Mt of resource.
 
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$3.48
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Mkt cap ! $974.1M
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$3.51 413 1
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