ADY admiralty resources nl.

why sell the lithium?, page-5

  1. 2,242 Posts.
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    "they stuffed up big time because Phil and the Board did not want to do a capital raising when the shares were 60c ( for 6 months mind you)."

    Yes, but it is not just the point that they didn't raise the necessary capital when it was 60c, (which would have set the company up) I think most shareholders would have still forked up the cash if they had raised it when it was 16 or even 8 cents as the Lithium asset was the main reason for them investing in ADY in the first place.

    Regards

    SP
 
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