We have just come back from Adriatic’s site visit. It was an opportune time to see the polymetallic mine where silver and gold currently make up 70% of its revenue. We believe there is a consensus that the company is struggling to ramp up due mainly to ground conditions underground. Not so in our view – there is a requirement for “triple lock” ground control in some locations i.e. roof bolts, shotcrete and mesh but this is not uncommon for underground mining. The reality is there are some clea ....
