iron ore increase for ady coming, page-2

The problem however is ADY stil has contracts to fill from 2006 and is losing money (not making as much as they can) on these contracts.

Were suppose to ship 2 shiploads this month and to date have not supplied a single one. Running out of time to even supply one this month.

They needed to raise 5 mill for working capital this month (wages), so where is the money coming from for next month.

They have the 40 mill wrapped up but shareholders will be dissapointed if the money goes towards wages and not expansion.

Don't get me wrong, I am up to my ears in ADY shares, on the pure belief that the lithium play will be a cracker, but can the iron ore side hold out until the demerger, whenever that may be.