ADT 2.38% $4.10 adriatic metals plc

3D view of Rupice courtesy of Hartleys, page-11

  1. 6,058 Posts.
    lightbulb Created with Sketch. 875
    BGL 1.5Moz @ 11.8g/t = $285m MC
    ADT 4.2Moz Eq @ 10g/t = $1.20 (Hartleys estimates) or approx $180m MC

    Thats x3 almost
    Lowballing.
    Discount ADT for location if you want and maybe for not being pure play gold and for upisde at BGL, still a >$2 stock if Hartleys conceptuals get close.

    ADT management fully aligned to ensure value is realised here, top 2 holders are management with approx 12 and 10% with Sandfire in 3rd
    Last edited by El Jefe: 25/03/19
 
watchlist Created with Sketch. Add ADT (ASX) to my watchlist
(20min delay)
Last
$4.10
Change
-0.100(2.38%)
Mkt cap ! $918.1M
Open High Low Value Volume
$4.15 $4.18 $4.05 $2.359M 574.4K

Buyers (Bids)

No. Vol. Price($)
1 5000 $4.07
 

Sellers (Offers)

Price($) Vol. No.
$4.20 5541 2
View Market Depth
Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
ADT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.