ADT 3.96% $3.15 adriatic metals plc

Thanks @Exponent Traders now sponging up shs ahead of NA...

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    Thanks @Exponent

    Traders now sponging up shs ahead of NA returning from holiday and ongoing exploration results.

    Even excluding barite, 1Mt of the high-grade stuff is worth half a billion dollars. Every 50m stepout can add up to another 500kt. Given the tight share register, low valuation, and *very high impact* exploration, shareholders could see extreme torque with good drills.

    P.S. The barite is not worth nothing. Veovaca produced saleable concentrate. If marketable, the barite credit likely pays for underground opex... and if open pit, likely pays for 3 tonnes+ of waste in addition to every tonne of paydirt.
 
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