Disappointing re the 5 week push out on concentrate production into November. CAPEX increase not surprising - remains within contingency so lets hope it remains controlled. Resource development looks positive and would love to see that 50m gap between Rupice Main and Rupice NW continue to close.
The initial share price drop was slightly concerning however the afternoon recovery was pleasing and I'll take a 1.6% drop on the delay news any day. Remain optimistic that we are in the home stretch and whilst risk remains high the project continues to achieve appropriate project delivery milestones. The news re further recognition of the importance of the project from the Bosnian government was also pleasing.
Lets see how the next few months go but quite simply this remains one of the best mining projects currently in development globally in terms of resource, grade and financials so I expect the share price to be well supported as we get closer to production. Good luck to all holders.
- Forums
- ASX - By Stock
- Stars aligning for ADT - $4 party coming soon?
Disappointing re the 5 week push out on concentrate production...
-
- There are more pages in this discussion • 104 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.58 |
Change
0.120(3.47%) |
Mkt cap ! $1.002B |
Open | High | Low | Value | Volume |
$3.57 | $3.60 | $3.50 | $5.896M | 1.666M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | $3.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.60 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 494 | 3.540 |
1 | 494 | 3.530 |
2 | 6094 | 3.520 |
1 | 494 | 3.510 |
1 | 494 | 3.500 |
Price($) | Vol. | No. |
---|---|---|
3.600 | 1000 | 1 |
3.620 | 494 | 1 |
3.630 | 494 | 1 |
3.640 | 1894 | 2 |
3.650 | 494 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
ADT (ASX) Chart |