ADY 0.00% 0.9¢ admiralty resources nl.

buy at your peril, page-59

  1. 62 Posts.
    bottom line... 47.4 million in debt as at 31/12/07. Ethics and motives of some past and present directors more than questionable. Share price hit lowest point for more than eleven months. Will need to raise substantial amount of cash to continue operations. Could have over one hundred million in expenditure and costs over the next twelve months. Ability to raise cash far from a given with current events and economic climate.
    Cheers good luck Tone
 
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