ADY
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14.3% 0.6¢ admiralty resources nl.

cash flow, page-28

  1. philsm
    269 Posts.
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    01/05/08
    14:24
    Post #: 3652904
    what cashflow problem?
    they have a 40 mill. letter of credit from shougang that allows them to borrow 40 mill from NAB to expand operations.
    Have you read the previous Q & A from PT. regarding the 10 year sales contracts?
    Shougang are appointing a manager to look after the ADY relationship! Do you think they would allow them to go broke ??
    ADY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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