Big and long term shareholder Datt capital with their latest excellent piece on ADT covering several key points and giving a great snapshot on the company
Some excerpts -
Is this the world's best mineral development project?
an NPV8/Capex ratio of 6.3x - this is a measure of capital efficiency and it is the highest we've ever seen from a greenfield mining operation
Any way we look at it, we believe the company is undervalued trading at only around 35% of the Vares Project's NPV, entirely ignoring its other assets. Similar assets have transacted for in excess of 80% of NPV
We remain long-term shareholders of Adriatic Metals.
https://www.livewiremarkets.com/wires/is-this-the-world-s-best-mineral-development-project
Ann: Vares Silver Project Definitive Feasibility Study, page-113
Add ADT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.01 |
Change
-0.090(2.20%) |
Mkt cap ! $1.040B | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.11 | $3.98 | $3.305M | 819.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4936 | $4.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.03 | 511 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.01 |
Change
-0.090 ( 2.24 %) |
||||
| Open | High | Low | Volume | ||
| $4.09 | $4.11 | $3.99 | 161660 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| ADT (ASX) Chart |