ADT 2.16% $4.08 adriatic metals plc

Broker report for ADT, page-14

  1. 7,151 Posts.
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    A couple of small notes:

    1. If you take Rupice HG core you might have 4Mt at much higher than 13% ZnEq - would amost definitely mean mining UG though

    2. No-one is including BaSO4 in their metal equivalent calcs but it should actually have reasonable value as a credit.

    3. Forgive me for being lazy - what are the logistics going to be like on that other project (I honestly don't know). Maybe things like power, infra, and transport are considered better for Rupice? Not sure.
 
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