ADY admiralty resources nl.
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Ann: Quarterly Cashflow Report , page-8

  1. jdarko
    113 Posts.
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    31/01/09
    09:53
    Post #: 4746800
    They ownly have money in the kitty because they did not payout YA Global. The is a convertible facility too. the YA global debt is $17 million.

    we have cash 9.5 mill in the bank. They are waiting for 100% of Vallenar.

    Obviously they used more money than we expoected to payout belsaco invoice in arrears and other costs ??? must have been some $10 mill extra.

    we should have only been left with 3mill in the bank.
    ADY Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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