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With so much activity over past 6 months I am wondering why there is not more awareness about success going forward with AM and how well they run their ship or are they over stretchng themselves ?
A lot more should become clearer as I see this as a progressive company with big ambitions which has my vote - so far
https://www.sharesmagazine.co.uk/events/event/shares-investor-evening-webinar-240221
Only just realised this company is not just ASX listing but Main Market here as well. I'm getting some shares as been bought out with the Tethyan Resources takeover. Kept hassling AJBell with 'where are my ADT Asx shares' but now, having re-read the rns's properly, I see I should be getting London ADT1 shares!
Indeed, perhaps it is the silver frenzy, certainly went up well overnight in Oz. As Oz is ahead of us timewise, do we often take our lead from them? Or are we the boss?
..... yes, something is happening to ADT.
Kicked off today with a large backwardation of Bid 142 - Offer 126. Large early uncrossed trade & a string of buys leading to a significant rise in the SP.
Certainly this has appeared on someone's radar screen.
.... yes, something is happening.
Backwardation; Bid 140 - Ask 126
Seems like the Reddit mob have arrived to push this up on the silver frenzy!
lv, I was amazed at how quiet it is here! I have only just had this on my watchlist this month and took a small opening position yesterday, which I hope to build on before this takes off. The potential does seem enormous and I like what I see of Management.
Not just 'under the radar' but pretty well 'off the screen'.
Just 15 posts here over 3 months & for a company that is a real gem [imo].
Adriatic does not attempt to ramp itself. Just gives detailed RNS info at appropriate times.
A mid-cap miner in the making. One which will throw off shedloads of cash & be in a position to be a major dividend payer.
Takes a bit of effort reading the RNS' to fully understand the outstanding potential of Adriatic but well worth the effort.
Thanks to pob69 on advfn:
https://www.pscp.tv/w/1kvJpoVelDDGE
Great news this morning. Major de-risking event. Congrats!
M&A window officially opened!
Hello
I appreciate the your work on this reports, many thanksfor it.
I hope the sorter's positions to be closed soon.
The Golden Fleece Cam, my logic is based around the research notes from Sprott Cap , Laurentian Cap, Tamesis Parteners , Hammam et al so If I assume their current average for 2021 is around A$4.10 that’s good enough for me . HOWEVER there is no allowance for a T/O premium MORE importantly the allowance for the Serb asset is around $20 mill which I think is derisory . Anyway to answer your question in Sterling I think the price by 2021 year end ( without t/o premium) £2.50 - £3.50 without me going into a lot of diatribe . Should the Serb asset perform as I suspect you could add another 80p.
Good Luck Cam
Safe Harbour
Linger
linger what's your outlook on share price next year
As expected the share price opened down this morning this after a decent set of drill results out of Serbia demonstrating what I believe will be a major deposit. Furthermore two upgraded research/equity reports increasing their targets to A$4.20 per share and £2.48 per share with NO I repeat NO allowance for a T/O premium . Oz was down today with continued shorting seems the mm’s have instructions.
All in my opinion of course.
Linger and Die
Whoa ! Sprott issued yesterday (3/12/20) their latest research report on ADT given the latest drilling results from Kizevak and Sastavci increasing their target price to Oz$4.20 per share . The previous research note on the 5th Nov showed an increase to A$3.35 per share .
Tamesis and Partners also issued a revised research note on the 3rd Dec maintaining their buy note at a price currently of £2.48 per share. In my opinion the Serb asset is the rabbit in the hat ,looking at daily shorting in Oz and the manipulation in London to keep the vwap low I think someone else thinks the same. As I have mentioned before I am expecting a bid first quarter next year maybe Sandfire around A$4 per share which would be laughable.
LaD
Tamesis and Partners issued their latest research note on the 19th Nov with a target of A$4.50 this is an uplift from £1.27 to £2.48 with NO allowance for the Serb asset. This has the potential (looking at the historical data in the Hannam note) to be a major resource in its own right and could add significantly to the share price in my opinion. Furthermore Tamesis cannot understand why the share price is where it is my reasoning for this is that in Oz there is some 640,000 shares lent out gross and 460,000 shares net so the daily shorting figures are quite high between 0.08% and 7% of traded daily volume, in London trades reported as sells are buys there must be a buy order at a price and the mm’s are moving the stock accordingly. I wait the day the sorter has to buy back the stock .
GLTAH
Linger and Die
Interesting note from Laurentian Cambells even alludes to a growing Serb asset which comes as no surprise looking at historical grades.
The peach is the HANNAM andPartners research note issued on the 17th Nov lifting their price to A$4.24 or from £1.53 to £2.34 with hardly any allowance for Kizevak although detailing its potential. Closing today the shorter in Oz has been working overtime to keep the stock down ( I think from an accumulative aspect as someone wants in to this) the consolation is that the shorter will have to repay the borrowed stock at some stage (currently 498,000 shares net) wouldn’t want to be caught in that one. London trading is as manipulated as Oz in my opinion mms trying to suck in any stock.
With these research reports any one who considers an offer under A$5 must be coco.
GL
Linger and Die
Adriatic Metals trading is starting to warm up the gross loaned out figure has jumped to 635,430 shares and the nett loaned out figure 457,430 shares as of 10th Nov. The shorting in Oz has been relentless the algorithm is targeting stock currently in the A$2.35-A$2.45 range triggering any stop loss in this area somebody wants this stock badly. Example low volume day 9th nov 1,416 shorted 10th nov high volume day 23,484 shares shorted 11th nov 3,493 shares shorted. When I look at London trades are low and low in volume designed to hold the price and are algo’s . I think there Will be a low ball bid In the next three months probably around A$3.50 ish which if It happens needs to be laughed out of court As nothing short of five dollars will do at this stage as far as I am concerned . Naturally this is in my opinion and would be happy to be proved wrong however.
Stay steady.
Linger and die
Sprott issued on the 5th November a detailed research note upgrading their buy price to A$3.35 with an allowance for the Serb assets of US$22 mill hmmmm . Shorting in Oz increasing trying to hold the price down we’ll see what today brings , fun and games On the way here stay steady.
GLTAH
Linger and Die
No surprise PC shenanigans being played here and in London Sandfire issue sorted another US$6 mill in the bank plus US$28 mill from raising guessing US$3 mill in bank total so US$37 mill ish in bank. Must be 3 rotary lie detectors in Kizevak so assays in the next few weeks to start to come through . Mining or exploitation license in I guess 8 weeks and then in my opinion game on.
Gltah
LaD
Wow!............... took it’s time to reach the market!
But hey........... someone else has seen the light !
PC
To a layman like me this looks like “good” news!
“Sandfire and Adriatic have also agreed to having the Proceedings dismissed with no order as to costs.
Sandfire has agreed to vote in favour of all resolutions at Adriatic's upcoming AGM.”
Plus A$ 8 mill worth paid in shares!
PC
Welcome L&D!
Agree wholeheartedly!
I think however, current investors here, are fully aware of its potential, but with actual production quite a few months away yet!
And as such, only the savvy amongst us............who have already done our homework are going to be rewarded!
I do agree, this board is very quiet..... perhaps when PC next does a video, more of the herd will start to follow this on here!
PC
I find it incredible that Adriatic has gone relatively unnoticed on the LSE (appreciate the main listing is in Oz) this company has an outstanding project in Bosnia probably the highest silver grades of any developing mine on the planet 2 year payback on funding and so the good news follows. Just taken over Tethyan Resources with Zinc grades in the region of 22% in 2019 just started drilling a 10,000 metre drill programme in Kizevak so about 50 holes the first three released today with great signatures coupled with the 10 previous Holes this is looking to be an outstanding resource. So why is the share price Where it is when this is an outstanding buy In my opinion firstly the stock in Oz is and has been shorted to hold the stock at an artificially low figure. Furthermore for some three to four months now blockers have been put in place on a daily basis and pulled just before the close when high buy volumes Come in. Naturally the volumes in London are thinner Even so the price is effectively controlled . Paul Cronin has stated that they are working on the exploitation (mining) license in Bosnia which Adriatic are looking to secure in the coming months .I firmly believe That when ADT1 receive this license the company will be the subject of corporate action by one or possibly more companies why else would there be these trading patters in the meantime as I add to my position we can look forward to Regular drill results from Kizevak now a second rig has been positioned.
AIMHO of course
LaD
Triple plate junction was their name many years ago.