ADY 11.1% 1.0¢ admiralty resources nl.

invite , page-16

  1. 1,059 Posts.
    SB 2000 exactly , jv or bust 100% thats the risk if you hold or are thinking to invest in ady.

    The global downturn has meant RIO , BHP , Fortescue have all put off plans for expansion and even some orders have been cancelled from the Chinese. South American io producers have reduced production by 40% due to the lack of demand.

    Yes the io boom will get going in the future but do people honestly think ady can survive until then?

    Without a jv i believe there will be no future for ady past mid to late 09 i'm sorry to say.

    They couldn't find a loan for a measely 10 miilion even when they had Rll a huge future money spinner with li and potash , let alone a 40 million loan to build a port to export a mtpa of ore.

 
watchlist Created with Sketch. Add ADY (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $16.29M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $6.018K 601.8K

Buyers (Bids)

No. Vol. Price($)
1 1000000 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 500000 1
View Market Depth
Last trade - 15.41pm 26/06/2024 (20 minute delay) ?
ADY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.