The following is an excerpt from a post from recent MD Paul Cronin,
“My 2 cents. ADT.AX has some of the most prospective ground I have ever seen. The project is on a clear path to nameplate with expansion coming. Au and Ag recoveries are above expectation. Lowest cost Ag producer globally. Pb recoveries may be constrained but who cares.
This project is accretive to anyone who buys it, or accretive to shareholders if no bids are forthcoming. If anyone offers for the company these factors need to be recognized. DPM are awesome operators and have regional experience.
But the future of Adriatic is exploration + ops.”
For a SH who’s holding is worth $40M, thats some 2 cents worth of analysis.
ADT Price at posting:
$5.00 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)