lithium spinoff rll

Hi all...

Like many here I've been in ADY watching its every move for over a year now as well as reading the HC forum etc (how time flies when you're having fun hey?)

Even though firstly it was all about the iron ore ADY became much more interesting for me with the Lithium etc as I have long held the belief we would run out of oil more around 2010 rather then later & that Lithium was going to be very possibly be one of the major solutions once it overcame original hiccups in using it which it has.

At any time after the ATO rulings are agreed upon & the independent valuation is in then ADY should be advising the market of a 30 day window enabling anyone to purchase shares before the end date if they want to be allocated shares in the RLL spinoff otherwise they will have to buy them after it floats on the market. On announcing this I assume another buying spree will occur.

I've been FT trading just the ASX for 8 years now & every so often you find a gem of a stock with blockbuster potential & even though ADY has certainly tried us more than most other stocks I think the time is nearing for some mega value to be realised.

Firstly with over 70 tenders showing interest for the Lithium it is a hot commodity & something many companies want a large piece of & my belief is this could be one of the most popular floats in a long time.

My opinion is that RLL will open at a premium price more like $2 & any sucker sellers taking initial profits will be eventually hoovered up by the big funds etc as I'd like to know who wouldn't want to have RLL in their Super Fund? With SQM not so long ago US$186 a share RLL has got to be a great investment. (If you end up with 500,000 shares in the spinoff & it opens over $2 then you'll be a millionaire - that's my plan anyway!)

Always happy to hear other views & all should read the ADY website & the info Phil has supplied answering questions asked of him before etc (he also mentions $6 share value?)

Closer to the date we should have a guessing competition on the RLL listing price. Good luck to all!