ADY admiralty resources nl.
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Ann: Rights Offer to Shareholders , page-9

  1. kacy
    11,779 Posts.
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    04/10/09
    16:21
    Post #: 5730933
    As I understand it, if the rights issue gets taken up they will now have cleared their debt and will have cash flow coming from the sale of the tailings stockpile. There seems little chance of ADY going belly up any time soon. So may as well wait and see what happens next - JV hopefully.

    ADY Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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