ADT 2.38% $4.10 adriatic metals plc

I have once before been associated with the discovery of a Tier...

  1. 2,582 Posts.
    lightbulb Created with Sketch. 39
    I have once before been associated with the discovery of a Tier 1 deposit. It wasn't known at the time of the first drill campaign. However the first campaign drill results were truly exceptional. The big kicker was
    that the second campaign continued in the same fashion, and away it went.
    Zero to a half billion dollar valuation with a couple of years.

    If the dud holes due to the fault displacement at Rupice hadn't occurred, I would say ADT's exploration start has the clear potential for something exceptional. The grades and width of mineralisation are rare. But the fault displacement has thrown a spanner in the works. The next campaign needs to show some strike length, continuity and scope for material expansion.

    I recall Sprott has done a Rupice site visit and said the project had Tier 1 potential?
    I'm willing to run with that.
    Any extension of the strike length of this deposit at the grades and widths already found, and the market will sit up and truly take notice.
    The next 6 months are crucial.

    Gosouth
 
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.