https://twitter.com/TraderPamplona/status/1277088362881564674
Adriatic Metals $ADT.AX $ADT1.L taking a stab at updated resource and NPV8 (ex-barite).
13.3Mt @ 518 g/t AgEq.
After-Tax NPV8 US$1.23Bln
After-Tax IRR 95%
1.24 years payback
Price Target (0.6x P/NAV) = A$4.83/sh.
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Modeling Updated Resource and NPV8
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