ADT 2.66% $4.02 adriatic metals plc

Historic Holes, page-26

  1. 3,054 Posts.
    lightbulb Created with Sketch. 149
    PT
    I don’t think I would get in the road of either you or Eshmun. You both have formidable industry knowledge.
    I can’t inagine this project will be constrained by access to capital, it will be very robust economically. And whilst the strongest gold mineralisation is at depth I don’t think it is deep enough to defer the construction of a gold circuit. I dare say they would construct the gold circuit at initial construction (when it would be cheaper to do it) and set a cut-off grade for pre feed for when it gets utilised.
    It is still all speculative as any gold circuit will also pick up silver. So there may be a justification to run this circuit from day 1 just for the incremental silver gain.
    But I am a mining engineer and learnt long ago through numerous scoping and feasibility studies not to make too many assumptions with metallurgy.

    Cheers
    Gosouth
 
watchlist Created with Sketch. Add ADT (ASX) to my watchlist
(20min delay)
Last
$4.02
Change
-0.110(2.66%)
Mkt cap ! $1.117B
Open High Low Value Volume
$4.04 $4.10 $3.91 $3.798M 944.8K

Buyers (Bids)

No. Vol. Price($)
1 250 $3.95
 

Sellers (Offers)

Price($) Vol. No.
$4.09 2300 1
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
ADT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.