ADT 1.49% $3.97 adriatic metals plc

Will be an interesting year for ADT lots of potential and always...

  1. 33 Posts.
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    Will be an interesting year for ADT lots of potential and always challenges during mining ramp ups. Key to watch will be plant recoveries and mining production. it wasnt stated explicitly but looking at the latest mine design colour coded schedule the stoping (mining) sequence has switched from overhand to underhand. this implies challenging ground conditions and that its preferable to mine under the cemented pastefill than under natural rock because of instability. a challenge initially but long term once they worked it out, the main material downside will be higher costs because of more cement required in pastefill. Lucky they have plenty of margin to play with. but i dont expect to hear about these issues upfront, just keep an eye on financial and physical metrics. i was a long term hodler until recently when ADT hit my long held exit price.will be watching from sidelines for a bit.
 
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