ADT 3.96% $3.15 adriatic metals plc

Interesting interview and thanks for the heads up.Looks like the...

  1. JID
    3,676 Posts.
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    Interesting interview and thanks for the heads up.

    Looks like the speculation of a throughput upgrade from 800ktpa to 1.2mtpa is misplaced. PFS differences seem limited to increased tonnage (of R&R) and lower costs.

    The TETH potential was very interesting. It seems like a lot of low hanging fruit and the R&R should materially increase with some relatively inexpensive drilling and reassaying.

    I liked the final part of the conservation re allowing other parties to look at their assets but also making it very clear that they were more than prepared and capable of bringing Rupice to production themselves (and then expanding) and that Paul had no intention of diluting shareholders unnecessarily.

    Paul's tone had a 'quietly confident' aura.

    Cheers
    John
 
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