Adriatic Metals Lays The Foundation For A Long-Term Winner
- Despite high-risk operations in Bosnia, the Vareš Silver Project's strong growth prospects and low-cost production justify a positive rating of hold.
- Expected to significantly contribute to Bosnia's GDP, with high IRR and low AISC, potentially making it a lucrative long-term investment.
- ADMLF shares show a strong positive correlation with silver prices, outperforming the US stock market in the LT, but current levels suggest waiting for a dip.
- Produces critical metals like silver, zinc, and antimony, essential for electrification, EVs, renewables, and war materials, enhancing long-term growth potential.
Oselote
A Hold Rating for Adriatic Metals PLC
This analysis recommends investors “Hold” their US-listed shares of Adriatic Metals PLC (OTCPK:ADMLF), a Cheltenham, UK-based company engaged in the mining, exploration and development of precious metal and base metal deposits in
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