ADY admiralty resources nl.

Ann: Quarterly Cashflow Report , page-5

  1. 1,362 Posts.
    no chance of sp increasing to 17c. The loan will need to be repaid plus interest at some stage.

    Remember at the AGM we were told that new YA Global funds ( $10m)were not available to ADY.

    I think that based upon YA Global offering Arafura $20m they were available but maybe ADY was not happy with the conversion rate/security at that time.Only the Board can reveal facts.
 
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