ADY 22.2% 0.7¢ admiralty resources nl.

agm, page-4

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    Linker, with demergers its a rights issue (not a share issue). But PT has ruled that out saying funding for the full scale RLL plant is to come from an upfront payment on a 10% off-take agreement. RLL will have no debt, the loans all stay with ady. On the i-o side, ADY is expected to reach at least 3mtpa with the 40m capex program. That should cover their operations. Extra capex funding can come from lenders or the wisco jv.
 
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