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Delivering a World Class Project
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About the talk
Adriatic Metals PLC (ASX:ADT, LON:ADT1) is a dual listed (ASX and LSE) precious and base metals explorer and developer via its 100% interest in the world-class Vares Project in Bosnia & Herzegovina. The Project comprises a historic open cut mine at Veovaca and brownfield exploration at Rupice, an advanced proximal deposit that exhibits exceptionally high grades of base and precious metals.
The Company announced the results of a Scoping Study on 19 November 2019 which indicated an NPV8 of US$917 million and IRR of 107%, following the release of a Maiden Resource Estimate on 23 July 2019. There have been no material adverse changes in the assumptions underpinning the forecast financial information or material assumptions and technical parameters underpinning the Maiden Resource Estimate since the original relevant market announcements which continue to apply.
About speaker
Hello, my name is Paul Cronin from Adriatic metals on the managing director and CEO of the company hydriodic mineral development and exploration company with a message in Bosnia and Herzegovina silver LED sink copper and berent recently. We have announced their intention to acquire Chickie and resource Coolpad of Canada, which owns the very prospective reska District in southern Serbia, which also includes the kids back into stop cheap metallic, and we look too close at Diego in August this year.
Moving on. Let me just tell you a little bit more about the history of Adriatic where we have come from and where we intend to be to be moving to as I mentioned earlier. Adriatic focuses in Bosnia and Herzegovina. We are in the Parish Hall in the 1960s and had some limited expiration work out the sides and done. I know you plant that was producing bike made zinc and thyroid to concentrates, but that might shut down in the late 1990s. Parallel to that there was also extension expression program thinking about 12km
MINEX Central and Eastern Europe, MINEX Western & Northern Europe, MINEX Southern Europe materials (3 June, 1 and 2 July 2020)
MINEX Central and Eastern Europe and MINEX Western & Northern Europe materials
MINEX Central and Eastern Europe and MINEX Southern Europe materials
MINEX Central and Eastern Europe materials
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