ADY 33.3% 0.8¢ admiralty resources nl.

Sino and Jin Xin are related to ADY. Board members hold shares...

  1. 422 Posts.
    lightbulb Created with Sketch. 41
    Sino and Jin Xin are related to ADY. Board members hold shares in ADY, so they have skin in the game, I'm sure they are trying their best.

    I just don't trust them to have enough expertise, knowledge and network to get the Chile project off the ground quickly, it has been more than 2 years since full approval was given by the Chilean government.
    Maybe the Board should get a new or additional Director with the necessary skills, knowledge and network to hasten the project and pay him/her with performance rights/options to conserve cash.

    It's extremely frustrating to read every quarterly report for more than a year with very little progress and delays.
    Maybe try something different like get a consortium of investors and do a capital raise to get the Chile project going. ADY only has 1.1B shares, I have seen companies with 3B shares. So let's raise some capital to get things moving, also let's have a look at some of the other prospects we have in Australia, along with Chile. ADY has made no progress in year 2020.
 
watchlist Created with Sketch. Add ADY (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.002(33.3%)
Mkt cap ! $13.03M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $2.163K 301.9K

Buyers (Bids)

No. Vol. Price($)
2 432850 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 237901 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
0.7¢
  Change
0.002 ( 0.00 %)
Open High Low Volume
0.7¢ 0.7¢ 0.7¢ 49600
Last updated 11.29am 03/05/2024 ?
ADY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.