Adriatic Metals (ADT)

Discussion in 'Stocks & Derivatives' started by scott_reeve, Feb 12, 2019.

  1. scott_reeve

    scott_reeve Active Member

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    Adriatic Metals still has a nice chart. Promising exploration results so far.

    [​IMG]
     
  2. scott_reeve

    scott_reeve Active Member

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    ADT chart update:

    [​IMG]
     
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  3. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    In my portfolio just prior to that last move over $1.80
     
  4. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Trading halt
     
  5. precious roar

    precious roar Active Member

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    Fingers crossed it's positive news.
     
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  6. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Looks like they're going to start on a DFS immediately.

    Forward looking guidance is based on the following prices:

    IMG_3413.jpg

    Do you reckon that could be called a touch optimistic for a while? I suppose production won't start for ages though.
     
    Last edited: Oct 15, 2020
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  7. precious roar

    precious roar Active Member

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    I think the gold price is ok. Silver, not so much.
     
  8. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Listening to a podcast and it seems that they used these bullish numbers for the gold and silver price to bump up the NPV as the resource quality is not as high as they previously thought (in the scoping study), transporting costs are higher and there was another thing a bit higher but I can't remember.

    I'm torn between offloading my holdings v keeping them as the company is moving quickly to a DFS. :cool:
     
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  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Assumed metal prices higher.

    Operating costs higher
    Ore reserves lower.
    Ore grades lower.
    Discount rate more conservative.

    NPV = USD$845 million vs MC USD$270 million.
    I don't have a large enough holding to worry selling at these numbers - and the numbers still look good.
     
  10. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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  11. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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