Agree that we need word of funding required and where it is to come from - I think the real key will be the $ received from lithium tender, which is supposed to be mid-year?
Look on the bright side - at least the MD has some skin in the game - I would be more concerned if he only had 200,000 shares..
Need some perspective here - ADY is a real spec and has been for a while; the risks are high, as are potential rewards.
phillip thomas explains all, page-101
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