This is a reminder of a post I made in 2023 during Mines and Money;
Paul Cronin at Mines and Money in London, now called Resourcing Tomorrow.
Interesting to see he is thinking about what and where next. "My work will be done (in Bosnia) in 18 months". I spoke to him at the event and it will be an interesting 2024 for him and the company but, whatever, he deserves a long holiday Q1 24/25! |
Sorry..it was £19k at 148.17 average
Added £20k at 145.67
Giving 26316 at 147.4p...
Ludicrous...and thanks to tamesis above...
Now got £200k exposure to gold and silver...c35% silver... |
Bought only a smidgeon above the lowest price since November 2022...
Bonkers! |
No short position in ADT1...
Bought back £20,000...solid silver investment...
(Its the Lassonde Curve stupid...) |
Tamesis brokers maintain £3 prince target
"...The recent sell off, whilst clearly painful for management, provides an extremely propitious entry opportunity for investors"
".... share price down 22% despite there being attractive alternatives even if the (tailing) license is rescinded which looks likely." |
Interesting appears to be securities lending reduced.
IMO |
Oh good it is picking up! |
TP cut by RBC. Remains "outperform" |
Some commentary added to the decision |
Good to see a bit of fighting back yesterday. |
Interesting post on HC about the kind of "administrative" obstacles that are endemic in country: |
Interesting read
Minister Hrnjić "...If this company sues us as a state, they can certainly obtain compensation that could amount to more than a billion KM."
....the Decision will not have any impact on the company's operational activities, because the temporary tailings storage facility has enough free capacity to meet the company's current disposal needs.
....The temporary facility has all the necessary permits for use. |
I sold up majority earlier this week, seemed strange price action despite silver price rising. Then saw this earlier today, which prob explains things, and sold the rest.
Other reasons for selling were resignation of FD, Orion selling down and multiple cap raises despite being 'fully funded'. Too many red flags.
Sure it'll sort itself out, but with this news there may be potential for further delays. It's probably already in the price, I should have sold on the Orion news. |
More following the 11/7 constitutional court decision on the sale of state forest land around Vares.
"The Ministry of Agriculture responded to the decision of the Constitutional Court on the ban on the sale of the state forest" |
A wild ride lately but I still have faith. |
I'd like to buy but my hands are tied right now, frustrating! |
Sounds impressive
and implies a direction perhaps? |
'Ms Tyler has a wealth of industry knowledge with over 30 years' experience in mining, and is a specialist in technical, technology and safety applications for Tier 1 projects globally. Her 20-year career at BHP Limited ("BHP") between 2005 and 2024 included her role as the inaugural Chief Technical Officer (2020-2024), focusing on digital transformation at the world's largest listed mining group, as well as Asset President at Olympic Dam (2018-2020), Chief Geoscientist at BHP (2016-2020), and Chief of Staff to BHP's CEO (2015-2018). She also garnered a wealth of knowledge of polymetallic underground mining during her role as Asset President of BHP's Cannington silver-lead-zinc mine.' |
'Adriatic Metals has come a long way fast and should go significantly further from here. At £2.03, shares could prove rewarding for the adventurous punter.'
I missed this last week. |
Good to see things are picking up here. |
PLUS Grant on performance rights. |
 Mr Rasmussen led EBRD's team of 28 bankers on a portfolio of projects across Europe, FSU and MENA, overseeing on average €1bn of investments per annum. During his career at EBRD, Mr Rasmussen was not only a leader across many disciplines of both finance and sustainability, but also was a highly successful investor in multiple projects which generated industry-leading returns for all participating stakeholders.
In his capacity as a Non-Executive Director, Mr Rasmussen will initially serve on the Audit and Risk, Remuneration and Nomination Committees.
As Adriatic progresses from an exploration and development company to a producer, the Company has initiated a process to evolve its board to align with its future strategic goals. Having served on the Board since February 2018, Julian Barnes has with effect from 13 June 2024 stepped down from his duties as a Non-Executive Director of Adriatic to pursue other interests. His responsibilities included being on the Audit & Risk, Remuneration and Nomination Committees. |