ADY 0.00% 1.2¢ admiralty resources nl.

Ann: Chairman's Address to Shareholders , page-55

  1. 1,059 Posts.
    So to sum it up then

    No lithium
    No potash
    No contracts
    No io sales
    No contractors working

    Still owe Wisco more than a years worth of ore at current rates
    Debt and legal cases pending( more cash drain possible)
    Falling io prices
    worldwide recession expected to last well past when ady's cash will run out
    Low fe ore which costs more to produce up to an acceptable rate
    A long boat ride to China when compared to WA

    Have I missed anything?
    Anything positive to talk about?



 
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