ADT 3.67% $3.67 adriatic metals plc

Ann: Updated Mineral Resource Estimate, page-11

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  1. 1,403 Posts.
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    Disagree that the market priced in more than this delivered. I think it priced in exactly what this delivered... and that as is so often the case is the problem. Sell that news. Pretty much bang on expectation with the resource IMO.

    Drilling in Jurasevac - Brestic was obviously disappointing but as we know Borivica is where expectations are higher (and I'm sure we are due for some results here soon too). On the upside hole BR- 20-20 especially indicates Rupice still has plenty to offer esp to the south. 10 metres at 106 g/t Ag etc is a great result. Hopefully we waste no time following through to the south east now historic /infill drilling should be complete (I'm assuming).

    I'd say you are spot on that this mornings little hissy fit on the market will pass in days or sooner, opportunists will arrive and the SP will recover pretty quickly .
 
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