ADY 11.1% 1.0¢ admiralty resources nl.

Ann: Shareholder Update , page-20

  1. 1,362 Posts.
    what makes you think that they are interested in establishing production in Chile at present?

    There is a exodus of investors.Read that the Indians have stopped production at their 75% owned Santa Fe iron ore site sold by Leonardo F Klein ( Phil's ex friend).

    Leonardo could not sell his 40% of Vallenar due to complexity of the joint venture. The same status applies until the courts clarify whether ADY can claim the 40% in default of the loan.
 
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