The demand supply equation in all commodities lurches from one extreme to another and as long as they can find more of that commodity, prices will never remain high for a extended period of time.
Two commodities that can't keep up with demand are oil and gas with demand usage growing way beyond new discoveries, the perfect storm.
That is they very reason I maintain an interest in ADY as it has an exceptional Lithium resource that will see exponential growth as part of an alternative for passenger transportation.
The unfortunate thing for ADY is the distraction of other projects have caused the Rincon project to be way behind where it should be today, and the scalpers will now be working on a plan to get the Rincon on the cheap.
PT says that he has had meetings with Merrill Lynch re IO finance, but you can be very sure that the predicament of the company as a whole will be well note and exploited in the near future imo.
- Forums
- ASX - By Stock
- ADY
- announcement out
announcement out, page-46
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.40M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125137 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 2539287 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 125137 | 0.008 |
10 | 1280820 | 0.007 |
7 | 1650000 | 0.006 |
9 | 3457440 | 0.005 |
5 | 2150120 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 2539287 | 2 |
0.010 | 965195 | 4 |
0.011 | 55003 | 1 |
0.012 | 201360 | 1 |
0.014 | 200000 | 1 |
Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
Featured News
ADY (ASX) Chart |
Day chart unavailable