A lot of professionals have been caught out here @sharman so it's not something about which you ought to be embarassed.
Rupice is unique. That is not hyperbole. I haven't done the research but nobody has come up with a comparable orebody that has standalone grades of Au, Ag & Zn and includes Pb, Cu & barite.
I'm not going to say there are repeats of Rupice nearby but management knows from old Yugoslav-era data that in the region there are other orebodies and in those days they weren't assaying for PMs.
Also, reading between the lines, some of the $25m just raised will be spent acquiring more land between Rupice and Veovaca, a distance of 15km I think. In Bosnia exploration permits cost USD500k per sqkm from memory.
So there's upside from exploration as well as from the market getting a better understanding of what is already "in the bag".
Apparently North American investors are still not fully appraised of ADT.
- Forums
- ASX - By Stock
- ADT
- Ann: Sandfire Resources Increase in Relevant Interest
Ann: Sandfire Resources Increase in Relevant Interest, page-67
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.84 |
Change
0.220(8.40%) |
Mkt cap ! $795.6M |
Open | High | Low | Value | Volume |
$2.79 | $2.99 | $2.76 | $5.522M | 1.912M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 750 | $2.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.89 | 20989 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 750 | 2.740 |
1 | 750 | 2.730 |
1 | 750 | 2.720 |
1 | 750 | 2.710 |
2 | 6305 | 2.700 |
Price($) | Vol. | No. |
---|---|---|
3.000 | 1700 | 2 |
3.190 | 10000 | 1 |
3.300 | 1303 | 2 |
3.320 | 28196 | 1 |
3.330 | 4000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
ADT (ASX) Chart |