ADY 0.00% 0.8¢ admiralty resources nl.

a potash play as well, page-5

  1. 3,731 Posts.
    STB has a great run today. It proves that the demand and supply of shares control the share price, So STB is a great stock for speculation.

    ADY is more like a company for investment. It is very hard to believe it is stalled on the pit.

    I think ADY's management need to get more information out, such as:
    The profitability of iron ore project;
    The profitability of lithium/potash project.

    We just have a bunch of figures, like moving target, that make no sense to anyone.

    Eventually, people only care two things:

    1. What is your resources, and target resources; and
    2. How much money can you make out of it in BEST case.

    I am sick of people (including management) valued ADY at $5+, while we can only see 27c share price. Particularly for a company that is well advanced into project development and production.
 
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