ADT 1.20% $3.36 adriatic metals plc

Not sure I agree here, on 1 or 2 holes yes for sure but if they...

  1. 5,291 Posts.
    lightbulb Created with Sketch. 384
    Not sure I agree here, on 1 or 2 holes yes for sure but if they start showing 10-20 holes all with same grade and continuity as the main deposit in a new area then I think the market will go crazy over that.

    You need to think about what adding 10 years to the mine life would do to the valuation. We are being valued on US 1b NPV currently.. imagine adding another 10 years of $200-250m per year cash flow ontop of that into the equation.
 
watchlist Created with Sketch. Add ADT (ASX) to my watchlist
(20min delay)
Last
$3.36
Change
0.040(1.20%)
Mkt cap ! $940.5M
Open High Low Value Volume
$3.31 $3.43 $3.27 $1.940M 577.0K

Buyers (Bids)

No. Vol. Price($)
1 2000 $3.35
 

Sellers (Offers)

Price($) Vol. No.
$3.40 1118 2
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
ADT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.