ADT 2.38% $4.10 adriatic metals plc

Ann: Further Northern Extension to High Grade Mineralisation, page-56

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  1. 536 Posts.
    lightbulb Created with Sketch. 301

    Exactly right.

    @binwood gets it and, unlike some, does the math.

    Based on annual cash flow potential, Rupice is in the same league.  It's a matter of showing the market that it has the potential for producing those kinds of cash flows over 10+ yrs.  On the low end compares favorably to Cerro Blanco or Bellevue... the high end you are looking at Hod Maden, Curraghinalt or even Windfall.  I like our chances.
 
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