Surprised that we didn't get an announcement to the ASX considering where we are at in terms of the acquisition of Teth and the price sensitive aspect of this news. Suppose we are technically not a single entity yet.
Very encouraging early results from only 11 holes. Obviously these areas have been under explored in the past and there is considerable upside for ADT using modern exploration techniques. Great foresight in picking up Teth and having these Serbian assets to coincide exciting exploration upside with movement towards production at Vares. Of course the regional exploration targets in Bosnia align with the Serb assets for exploration upside. Point is that there is plenty going on from a production and exploration perspective, ADT is extremely well placed for the commodity bull cycle we are likely to see over the next few years.
ADT Price at posting:
$2.36 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)