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Silver constitutes a fair proportion of ADT1s asset. The outlook for silver as an industrial metal is forecast to grow rapidly next few years and fascinating to see why. Apart from the usual green projects especially solar there is even 500 ozs silver in certain missiles which, if used, is irrecoverable. On a pleasanter note smartphone silver content is too expensive to recover so again gets lost.
No, can’t disagree. Sold ADT1 after Rick Rule pumped and Sprott and probably he dumped (took massive profits). Then bought it again a couple of months ago.
Silver could 10x, in next five years, but could double quickly, ADT1 can 5x, Alien Metals could 50x.
Prefer diversification of SILG.L, as holds 25% royalty and streamer Wheaton Precious Metals WPM, and all the best Silver Producers, they can buy after hours, save me being ripped off with FX and international spreads, and save me going in on one jurisdiction. I may lose a little bit of beta for a better risk reward.
Then add a moon shot explorer like Alien Metals UFO.L, with highest grade Silver mine in tier 1 Australia, shut down after a year due of production due to a fall to $5 Silver.
2nd best Silver drill intersection globally in the last 4 years 83,000 g/tm, near surface nuggets, and the deposit source yet to be located. In an explorer that is 7 months from Cashflow on its Iron Ore tenements, and will be able to fund development with or without a JV.
Check out pictures at the bottom of the link.
https://www.alienmetals.uk/project/silver-elizabeth-hill/
Really hope ADT1 does well, know Rick Rule loves it and having been in and out of it since 2019, hope the company gets the valuation it deserves.
I think ADT1 is under valued.
Goldman Sachs sniffing around.
Some geo political risk in the Balkans.
Long term hold imo.
30 is key for silver. .
Looking at my analysis , and at these prices or even higher, this year we have a 8.5 month mine payback, so as we started in feb lets say end of year for payback. Next year, with massively increased tonneage, it will be on a PE of roughly 1 ?
I'm new to this share but pullbacks dont seem to be its thing, seems to drift back a few pence then rally in the close.
a very very stable share with virtually no volatility. lets hope silver can break $30 then will get very interesting
Where's the damn pull back on this? Id like to top up.
Yes, breaking out....
Maybe a takeover target since there is huge global demand for silver (for solar panels)?
This share totally belies the theory (not sure there is one) that the more chat the better the and more popular the comapny
extremely pleased with my starting position here
I'm in as of today, will continue to build, i understand its a quiet board, nothing wrong with that.
finally finally got a good copper and silver producer (they are HARD to find)
Yes but let's not advertise it or the board will be flooded by the usual pump & dump brigade.
Silver price above $28/oz provides for £1 billion market value target.
Adriatic's world class, tier 1 asset Vares Project will produce silver, zinc, lead, copper, and antimony for 18+ years in the lowest cost quartile of silver producers globally, without the inherent risk of South American politics (FRES, HOC).
First production of silver-lead & zinc concentrates happened in February this year with first ore mined in July 2023 and offtake agreements in place with Boliden, Trafigura, Glencore and Transamine. The company's latest presentation highlights the shortfall in silver demand just around the corner and the protectionist stance the EU is taking with regards mines and company demand inside the bloc.
https://www.adriaticmetals.com/downloads/corporate-presentations/2024/20230325-adt-corporate-presentationv2.pdf
Silver, and gold pulling back. Over bought, this should pull back to, I can see the automated sells have started.
It appreciate if this would have a pull back so I can top up.
Responding nicely to the move in silver / gold …… hopefully the non-farms kick prices up not down …. In some ways a big day
Https://www.lse.co.uk/share-fundamentals.html?shareprice=ADT1&share=Adriatic-Metal
Dividend? Unlikely for a couple of years imo. Pay down some of the debt, borrowings and liabilities first.
Rock solid buy.
New Mine now open with full government backing.
££££££££££££ from here on in.
hopefully not to soon - i'm still building a bigger position in this european gem.
has anyone done any *** pack calculations on dividends expected say after year 1?
"The Company will now focus on plant optimisation and ramp up to consistent production and is scheduled to reach nameplate capacity of 800,000 tonnes per annum in Q4 2024."
I wonder how many ounces of silver, lead and zinc that will produce? Enough hopefully to push the sp higher?