ADY 8.33% 1.1¢ admiralty resources nl.

ye of little faith, page-33

  1. 2,594 Posts.
    Maybe instead of giving cheap shares to YAG for debt they
    are offering them to shareholders to give them a chance to recover a bit as they know they are on the verge of turning the company around with proving up resources,joint ventures and production.
    Im sure they said in one release that 3 different companies
    wanted to buy all production up to 4.5 million tons.
    If they have materials, some cash to get to production and sales lined up then they are getting things orgasised.
    I accidently got JA on the phone just after he was handed the mess left by others and he told me he was going back to the start and prove up how much ore they had and where it would be best to buid infrastructure and start producing.He also would not be making statements untill they were fact and this was where his style would differ fom previous administration.
    I think they have achieved a lot in a short space of time and im hoping they have a lot more to go.
 
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