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I would sell 9%of ADY's share of IO to Wisco then ownership...

  1. MICK123
    221 Posts.
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    30/10/08
    15:40
    Post #: 4448972
    I would sell 9%of ADY's share of IO to Wisco then ownership would be
    51% ADY 40%Leonardo and 9% Wisco
    Payoff outstanding loans wait til Feb, get either cash or rest of Vallener off Leonardo go into jv with Wisco 51/49% Could sell the 50% of production to Shougang or spot
    problem solved
    Any questions ?
    ADY Price at posting: 3.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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