ADY admiralty resources nl.

multiple of, page-4

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    "flooding the market with lithium"

    Forget it. Now that the known supply has been expanded to this extent don't u think the car manufacturers (think Toyota et al) will have certainty in the decisions to manufacture more hybrids? Therefore we'll see demand multiply from present levels.

    If u read the recent ADY announcement carefully you will see that P. Thomas stated he is in advanced stages of negotiating offtake contracts and that these will be finalised once a delivery date can be provided.

    I for one expect that a Toyota or GM will ultimately want a stake in this sort of venture. But don't take my word for it..............
 
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