ADY admiralty resources nl.
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Ann: Shareholder Update , page-13

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    452 Posts.
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    03/03/09
    12:50
    Post #: 4859932
    If they don't repay the loan the 'fixed and floating charge' over the 40% asset is activated.

    I never expected the loan would be repaid...
    ...if they did not contribute to the company as needed to the point of giving up their controlling interest how were they ever going repay their share of the development costs?

    ADY Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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