ADY admiralty resources nl.

$50 million royalties to bpaid 2ady over 5 yrs, page-16

  1. 1,324 Posts.
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    chippydude as a holder of several years, saw the sp go from 8c-66c and back down now to .7c, went through the lithium sell off. it was the reason most of us didn't get out at 60c odd, it was given away literally to a company that was formed shortly before the sale, the funds went nowhere, paid out some loans, went through ADY getting hammered by the ANZ fiasco after the GFC, still however held on believing the iron ore mining and China would get ADY moving again, I am afraid this ICARUS thing seems to me to be another lithium style deal, going to benefit someone , I see Phil whats his name is on the sidelines in this, but probably not the shareholders too much.
    I hope I'm wrong.

    Ziyou

    my opinion only
 
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