Adriatic released their operations update this week alongside their annual results and a new Reserve and Resource Estimate. In summary, the company remains in the process of ramping up production but continues to meet with setbacks. As a result, they pushed back the “commercial production” start date to Q2. The issues were around the filter plant and new tailings facility at Veovaca. Both are temporary and we expect nameplate capacity is achieved later this year. The company also released a new ....

04 Apr 2025
Operating Update – Cashflow Generation & Growth to Come

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Operating Update – Cashflow Generation & Growth to Come
Adriatic Metals Plc (ADT1:LON) | 198 -4 (-1.0%) | Mkt Cap: 683.3m
- Published:
04 Apr 2025 -
Author:
David Butler | Gabriele Ejikeme -
Pages:
5 -
Adriatic released their operations update this week alongside their annual results and a new Reserve and Resource Estimate. In summary, the company remains in the process of ramping up production but continues to meet with setbacks. As a result, they pushed back the “commercial production” start date to Q2. The issues were around the filter plant and new tailings facility at Veovaca. Both are temporary and we expect nameplate capacity is achieved later this year. The company also released a new ....