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Posted by
Two Blokes Apr 18 -
Filed in
Stock
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Adriatic Metals PLC upgraded to Buy due to Vareš project ramp-up, expected commercial production in Q1 2025, and favorable silver price environment. Vareš project aims to increase annual silver equivalent production to 20 million ounces by 2027, making it one of the world's largest silver mines. Company raising capital for plant expansion, targeting 1.3 Mtpa capacity by 2027, supported by strong cash flow and low operating costs.
