ADY 0.00% 1.1¢ admiralty resources nl.

lithium tender confusion, page-6

  1. 858 Posts.
    Given PT has come out & said ADY's debt has reduced by 50% in the last two weeks, getting another 20m will be a piece of cake IMO.

    They can get this debt funded by there bankers on the basis they have secured the other $100m funding.

    People seem to forget we have a $US45b+ resource, awaiting ramp up to full production inside 12 months.

    When ADY first announced this we spiked to 67c, how quickly this has been forgotten!

    We just need a bit more patience while ADY finally sorts out the cashflow problems that have held it back, & in some respects rightly so.

    The debt we are taking on is less than the full years revenue from the Lithium side alone (incl Potash).

    Think of the big picture here people!

 
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