Adriatic Metals (ADMLF) 2021年年度报告「OTC」.pdf

1、ANNUAL REPORTFOR THE YEAR ENDED 31 DECEMBER 2021BUILDING EUROPES NEXT OPERATING MINE1Adriatic 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 Serb

2、ia.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 t

3、o explore across its highly prospective 41km2 concession package.2ANNUAL REPORTFOR THE YEAR ENDED 31 DECEMBER 20212STRATEGIC REPORT2Business Review4Chairmans Statement6Strategy7Business Model8Vares Project Feasibility Study22Adriatic Foundation24Diversity24Social&Human Rights25Covid-19 Impact26Princ

4、ipal Risks and Uncertainties36Directors Section 172(1)Statement43Principal Decisions by the Board During the Year44Our Assets50CEO Statement52Operational Review56Financial Review60GOVERNANCE REPORT60Corporate Governance Report70Audit&Risk Committee Report74Environmental,Social&Governance Committee R

5、eport80Remuneration&Nominations Committee Report98Directors Report 110 Statement Of Directors Responsibilities111FINANCIAL STATEMENTS112Independent Auditors Report to the members of Adriatic Metals PLC 119Consolidated Statement of Financial Position 120Consolidated Statement of Comprehensive Income

6、121Consolidated Statement of Changes in Equity 123Consolidated Statement of Cash Flows 164Notes to the Consolidated Financial Statements 161Parent Company Statement of Financial Position 162Parent Company Statement of Changes in Equity 163Parent Company Statement of Cash Flows 164Notes to the Parent