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ADT1 Adriatic Metals Plc

196.60
1.40 (0.72%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Adriatic Metals Plc LSE:ADT1 London Ordinary Share GB00BL0L5G04 ORD 1.3355P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.40 0.72% 196.60 196.00 197.80 198.60 195.00 195.00 92,768 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Lead And Zinc Ores 0 -47.14M -0.1610 -24.53 1.16B

Adriatic Metals PLC Publication of Corporate Presentation

18/07/2022 7:00am

RNS Non-Regulatory


TIDMADT1

Adriatic Metals PLC

18 July 2022

Adriatic Metals PLC

("Adriatic Metals" or the "Company")

Publication of Corporate Presentation

Adriatic Metals (ASX:ADT, LSE:ADT1) announces that its latest presentation, with an updated estimated cash balance as at 30 June 2022, has been published. It is available to view on the Company's website: https://www.adriaticmetals.com/investors/corporate-presentations/

Authorised by, and for further information please contact:

Paul Cronin

Managing Director & CEO

info@adriaticmetals.com

** ENDS **

For further information please visit www.adriaticmetals.com ; @AdriaticMetals on Twitter; or contact:

 
 Adriatic Metals PLC 
 Paul Cronin 
 
 Canaccord Genuity Limited (Joint Corporate 
  Broker) 
 Jeremy Dunlop (Australia)                      Tel: +61 2 9263 2700 
 James Asensio (UK)                             Tel: +44 (0) 207 
                                                 523 8000 
 
 RBC Capital Markets (Joint Corporate Broker) 
 Marcus Jackson / Jamil Miah                    Tel: +44 (0) 20 7653 
                                                 4000 
 
 Stifel Nicolaus Europe Limited (Joint 
  Corporate Broker) 
 Ashton Clanfield / Callum Stewart              Tel: +44 (0) 20 7710 
                                                 7600 
 
 Buchanan 
 Bobby Morse / Ariadna Peretz                   Tel: +44 (0) 207 
                                                 466 5000 adriatic@buchanan.uk.com 
 
 
 

ABOUT ADRIATIC METALS

Adriatic Metals PLC (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia.

The Vares Silver Project is fully-funded to production, which is expected in Q2 2023. The 2021 Project Definitive Feasibility Study boasts robust economics of US$1,062 million post-tax NPV8, 134% IRR and a capex of US$168 million. Concurrent with ongoing construction activities, the Company continues to explore across its highly prospective 41km(2) concession package.

There have been no material changes to the assumptions underpinning the forecast financial information derived from the production target in the 19 August 2021 DFS announcement and these assumptions continue to apply and have not materially changed. Adriatic Metals is not aware of any new information or data that materially affects the information included in the announcement of the updated Mineral Resource Estimate announced on 1 September 2020 and all material assumptions and technical parameters underpinning the Mineral Resource Estimate continue to apply and have not materially changed.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRABKOBQOBKDAOD

(END) Dow Jones Newswires

July 18, 2022 02:00 ET (06:00 GMT)

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