environmental impact statement approved, page-24

Sirtradealot, judging by your latest comment, you were 12 when you entered ADY.

Seriously mate, for a medium to long term investor (4 years or so), you whinge daily and carry on like someone who is hurting with a massive loss. You probably bought in at 3c, sitting on about 1500% profit, doing a "little better" than the average managed fund :).

The company is demerging, consolidating etc etc, very promising future yet you expect everything to happen overnight. The irony is, this evaporation pond (and many more to come) will be like watching paint dry, patience is required at this point. In the not too distant future, ponds will be organised to produce concurrently over a calendar year, keeping the plant busy producing 17,000 tonne at US$6,500 of Lithium chloride + free potash (opex at only $35m).

I read on an ADY thread 6 months or so ago, words to effect "Investing in ADY is like, owning a share in first petroleum company on speculation of a petrol engine."

Hybrid vehicles running on LiCl is not far away. Media exposure is increasing. State governments are embracing the concept, waiving stamp duty for hybrid vehicles. Li is the lightest metal yet retains the most energy. It only makes sense that vehicle companies will continue to invest in the hybrid vehicle with a lithium battery.

ADY with the Rincon Salar has 20% of the worlds lithium...

Anyway, should I believe in half of the ADY story, I'll be doing very well around 2009 - 2011, I am certainly not sitting on the edge of my seat sweating on the day to day stuff, particularly when we tune in to see risks are diminishing.

Chrispal, I am sure there are many like yourself, who read the daily whinge & moan, why are people selling!!! sirtradelot.

Sirtradealot, is the glass half empty or half full?

Wilbur!!!