Adriatic Metals Share Discussion Threads

[troc1958] 21/8/2023 11:36

Welcome!ADT has had a great run recently from 2.8aud to 4.0aud over the last 6 months. The share price may pull back a bit prior to (and post) commissioning in Sept, but long term prospects are excellent.What I found very encouraging is they raised 30million at 3.3aud, which was at a substantial discount to vwap, and the upward movement of the share price hardly faltered. Very seldom does the "market" react positively to a discounted fundraising. Happy to continue holding.

[hiddendepths] 17/8/2023 12:24

Well pob, I'm sure you're onto a winner here and I have belatedly jumped in. I like the imminence of Vares production and I think the site visit for analysts and investors on 11th October will kick off recognition of the company by a wider audience.

I'll add more as and when funds permit.

[pob69] 17/8/2023 12:05

Another video interview (proactive investor) with Paul Cronin after new results.

4 rigs in total (2 in virgin territory) and he's very encouraged unsurprisingly. 700 people on site (!) and on track for commissioning at end of Sept.

[the count of monte_cristo] 13/8/2023 18:14

Just you here pob, ADT1 look well placed to take advantage of any precious metals bull run in the next few years.

[pob69] 08/8/2023 14:16

Paul Cronin on the placement

[pob69] 07/8/2023 16:59

Adriatic Metals (ASX:ADT) | Future proofing European raw material supply

Paul Cronin again with Morgans (who are involved as joint book-runners for the current fundraise). 4 minute video this time....

[pob69] 03/8/2023 09:37

3 min interview with Paul Cronin on ASX Bulls and Bears

Commissioning last week in Sept (last RNS said in Oct) with production 1st week Nov

Adriatic Metals: A multi-mineral resource with serious grades of pretty much everything!

[pob69] 31/7/2023 15:05

Write up by fund manager Matt Geiger Capital pages 35-6

[pob69] 31/7/2023 08:28

Vares Project Update video at Rupice and Vares Processing Plant - July 2023

[pob69] 28/7/2023 09:03

Another lengthy video 30mins with Morgan's Business Breakfast from 25/7 with Paul Cronin - a deep drill looking at the journey from the company's initiation in March 2017 (bought for $1m) to July 2023 ($700m market cap) - excellent summary!

[pob69] 28/7/2023 08:48

Paul Cronin interviewed by Mining Stocks Daily.

Reminder - It's all about the updated mineral resource project for the Rupice silver-zinc-lead-gold deposit in Bosnia and Herzegovina. The updated resource included the new Rupice Northwest discovery and was an overall 93% increase in indicated tones from its previous estimate

[pob69] 27/7/2023 15:17

Another video interview (proactive investor) with Paul Cronin

[pob69] 27/7/2023 15:14

Good reading with more Paul Cronin quotes. I missed copper-gold opportunities on site?

The company also has a zinc-lead-silver asset in Serbia, with a potential copper-gold porphyry emerging on that site as well. Mr Cronin said his team would also scour the market for other projects in the region that “might just need a bit more work before you start construction on them”.

[pob69] 19/7/2023 07:38

RBC cuts Adriatic Metals price target to 225 (230) pence - 'outperform'

[pob69] 10/7/2023 14:50

Friday: Berenberg cuts Adriatic Metals price target to 270 (280) pence - ’buy’

[0x3f] 28/6/2023 15:12

This was a good one from 2 months ago:


Covers
- The concession extension, which will prob be drilled from underground end next year, assuming can get permissions which will require negotiation.
- M&A less likely right now when they can add significant value on existing concession.
- Q:Do you believe Rupice NW could be bigger than Rupice? A: Yes

[pob69] 28/6/2023 13:39

Nothing particularly new from this Money and Mine podcast, referencing recent Vares update, but it is another audience;

[74tom] 16/6/2023 09:42

Have taken a starter position here this morning. The ASX listing is driving the price so I'd expect a strong re-rate as production nears. Additionally, Zinc has reversed it's recent decline and is on track for it's strongest weekly performance since early Jan. Lead also up strongly.

[pob69] 16/6/2023 08:53

Berenberg starts Adriatic Metals with 'buy' - price target 280 pence

[0x3f] 13/6/2023 14:49

I think he's referring to becoming a producer, along with the large cashflows that that will generate (will be transformational).

I'm still disappointed we've not heard anything else regarding the NW concession extension.

[troc1958] 13/6/2023 12:36

Pob ... I agree re the statement - big change in 24 .... Maybe a takeover target? I am sure it on the radar of one or more of the big guys, but that is pure speculation on my part.I've often seen the share price of a takeover target being "stepped down" prior to the offer announcement; particularly if it's an all cash offer at a particular share price (I.e the bigger the offer price % "premium" on last 2 weeks share price VWAP the more likely that shareholders will accept the offer).Personally I'd be disappointed if Adriatic is taken over, as its future as a stand-alone is exciting.

[pob69] 13/6/2023 07:53

Paul Cronin many comments within that article including this final one...

"So, I think it’s ‘watch this space’ in 2024 because this company, as it is now, will change very dramatically during the course of the next year.”

"...as it is now" is an odd phrase to say?

[troc1958] 13/6/2023 06:52

Interesting article titled "Adriatic on the Cust of History" on the website. Published in Australias Paydirt magazine. Very positive about the future of the company and growth potential in 2024.I cannot understand why the share price dropped to Aud2.86 today.Capex has gone up by approx $8m, but they still have an untapped contingency of $10m. I realise the "commercial production" date has been gradually pushed out a number of months to Nov 23, which will put the share price under pressure. But the economics of this project are so compelling that a couple of months delay shouldn't affect the overall project IRR by much. I continue to hold and will top up if the share price remains depressed.

[pob69] 24/5/2023 07:56

CEO Paul Cronin highlights the high level of engagement they have secured so far. “I think locals recognize their iPhones didn’t come from an orchard. They are seeing the need for mining. The key is to do it in a sustainable way and benefiting the local communities,”

[pob69] 28/4/2023 10:02

Not personally on spotify but this may be of interest

.....chat with Adriatic Metals CEO Paul Cronin and GM Matthew Hine on how the Vares polymetallic mine is ramping up in Bosnia.