ADY admiralty resources nl.

Worst case scenario according to JA was that JV not go ahead and...

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    Worst case scenario according to JA was that JV not go ahead and ADY developing the resource themselves in which case they have enough funds to operate for next 12 months. He mentioned in that case ADY would be exposed to potential full benefit of an asset value increase if there was a resource increase. He did hint at the "prospectivity" of the assets but did say that geologists always like to tell how there could be more resource.
 
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