ADT adriatic metals plc

1. Vares DFS due any day in July ... high potential expansion of...

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    1. Vares DFS due any day in July ... high potential expansion of the high margin poly metallic flagship project [mainly silver, zinc, gold and copper] ~AUD$1.4 Billion [US$1.04bn NPV at 113% IRR] ... 14 year mine life, world-class margins with low all in sustaining costs expected

    2. Financing closure for Vares, multiple prospects in due diligence stages, end of July to expand on the existing ~A$45m cash on hand to kick start construction, breaking ground, increasing hiring from ~100 team members to ~350

    3. Multiple drilling targets in progress as we speak in Vares (Bosnia) to expand existing and new exploration in Raska (Serbia) already proving as high potential

    4. ESG initiatives that complement ADT's corporate strategy and promote longevity in the areas they operate

    5. Top 20 shareholders own 78% of the company ... including the CEO Paul Cronin who founded ADT

    Feel free to add thoughts, comments, other catalysts!!

    Currently trading at ~AUD$500m. DFS due any day now, should see this move quickly.
 
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Currently unlisted public company.

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