ADY 9.09% 1.0¢ admiralty resources nl.

company presentation for feb 2008 on website, page-6

  1. 884 Posts.

    also bulman has potential to contain 1m tonnes of zinc, at surface and at a spectacular 10% grade to make for an extremely low cost and profitable mining operation.

    in ground value currently about $2.3 billion

    should be worth about 5% of that, or a cool $100m or 10c per share at current prices


    i'm sure someone like zinifex would be highly interested in such a high grade, low operating cost deposit
 
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