Adriatic Metals PLC Publication of Corporate Presentation
July 18 2022 - 2:00AM
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.
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END
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