ADY admiralty resources nl.

Ann: Quarterly Cashflow Report , page-8

  1. 113 Posts.
    They ownly have money in the kitty because they did not payout YA Global. The is a convertible facility too. the YA global debt is $17 million.

    we have cash 9.5 mill in the bank. They are waiting for 100% of Vallenar.

    Obviously they used more money than we expoected to payout belsaco invoice in arrears and other costs ??? must have been some $10 mill extra.

    we should have only been left with 3mill in the bank.
 
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