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$4.08 adriatic metals plc

Updated Resource Estimate (based on current results), page-735

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FeO(OH)

1,926 Posts.

102

17/07/18

07:31

Post #: 34381392
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Originally posted by ainsleym ↑

Two relevant points to make

Firstly, strong mineralization in previous holes would have easily been visually recognizable, so I daresay from visuals alone they would have known hole 4 was a duster, confirmed by assays, and visuals suggest hole 6 also is a duster. But interestingly, hole 5 for which assays are awaited, which targeted the mineralization down plunge, they are saying the plunge remains intact ( presumably based on visuals) so my take on this is hole 5 will continue the strong mineralization.

Secondly, some perspective. Even with the massive Olympic Dam deposit, some holes were dusters. In fact they initially drilled 13 holes into it as I recall before one even hit mineralization !.

So lets keep todays announcement in perspective. Smart money will be buying the initial dip

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My thoughts as well. Today is a buying day .
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ADT Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $4.08		Change 0.000(0.00%)		Mkt cap ! $918.1M

Open	High	Low	Value	Volume
$4.03	$4.10	$4.02	$926.9K	227.2K

Buyers (Bids)

No.	Vol.	Price($)
1	250	$4.06

Sellers (Offers)

Price($)	Vol.	No.
$4.10	8400	14

View Market Depth

No.	Vol.	Price($)
1	1197	0.835
1	5000	0.815
3	9950	0.810
2	21000	0.805
6	46713	0.800

Price($)	Vol.	No.
0.840	40000	1
0.850	14746	1
0.860	9795	2
0.875	9168	2
0.880	17293	2

Last trade - 16.10pm 03/12/2024 (20 minute delay)

ADT (ASX) Chart