ADT 2.16% $4.08 adriatic metals plc

Historic Holes, page-27

  1. 536 Posts.
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    Fair enough @gosouth.

    The good news here is that the margin for error is very wide.

    Given my assumptions (conservative), NSR per tonne should be in the US$500 range. Site costs for underground mining should be no more than US$80/t (and likely much less). Again, the resource looks amenable to open pit mining with site costs no more than US$20/t. Even if just one of the 3-4 cons are marketable, Rupice should be a highly profitable operation.
 
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