ADY 9.09% 1.2¢ admiralty resources nl.

the proof, page-64

  1. 1,739 Posts.
    re: good valuation. Hi zz,

    thanks for making a sensible and good point.

    Paying $1.00lb or ($2200 per tonne) seems a bit high for a product which sells at spot for $3500.

    It seems that they need to work out a good method of extracting the lithium chloride. I still hold, but await news of how they're gonna do it.

    Joel



 
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