ADY 9.09% 1.2¢ admiralty resources nl.

pt read below re demerger i am out for now, page-10

  1. 721 Posts.
    lightbulb Created with Sketch. 14
    Stop being so negative Stormer. You post alot on this thread and are obviously a dissapointed holder as i'm sure many are. However the company is advancing its key assets (de-merger or not). Company will not go bankrupt, as it has as you say hot assets in lithium, iron ore and potash. They are in a much better condition now than 6 months ago when the price was more than double the current. They are shipping ore faster than they ever have. Litium business is flying with revelutionary washing process. Also they are exploring for the hottest commodiaty at the moment in Potash. They have extremely well creditialed reserch guy looking. They will most likely find something this year given the size and quality of leases and potentially boost future earnings further. As others have said hold and wait, Rome was not built in a day. It takes years and years to become a producer, especially in the current environment. A lot of copper producers have struggled to become producers, e.g TMR. Over time it will happen though.

 
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