ADT 0.75% $3.95 adriatic metals plc

One numbers from our friend PTAdriatic Metals $ADT.ax...

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    One numbers from our friend PT

    Adriatic Metals $ADT.ax calculating NSR value of rock at over US$400/t vs site costs in the US$50-$80/t range. Again, completely discounting the barite. Very high margin.

    Keeping score:SilverCrest $SIL.V FDEV US$270MAdriatic Metals $ADT.ax FDEV US$80M$SIL.v resource 4.6Mt ... Nevermind the 8Mt+ the broker reports are giving Rupice (and at better grades). Why is $ADT.ax trading at less than 1/3rd the value of $SIL.v?

    Sprott A$1.50/sh price target for Adriatic Metals $ADT.ax based on 0.2x NAV. High-quality deposits like Rupice get taken out for over 0.6x NAV.$ADT.ax FDEV US$80M vs Sprott NAV10% over US$900MLet all that sink in for a few minutes.



 
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Last
$3.95
Change
-0.030(0.75%)
Mkt cap ! $972.1M
Open High Low Value Volume
$4.00 $4.00 $3.90 $1.301M 329.6K

Buyers (Bids)

No. Vol. Price($)
1 460 $3.94
 

Sellers (Offers)

Price($) Vol. No.
$3.97 256 1
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$3.95
  Change
-0.030 ( 0.34 %)
Open High Low Volume
$3.91 $3.99 $3.90 39152
Last updated 15.59pm 28/03/2024 ?
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