ADY 14.3% 0.8¢ admiralty resources nl.

bullish divergence, page-4

  1. 11,130 Posts.
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    Hey, two thoughts on this:

    1. Some big buying last week was being preceded by small sells into the market price ie. trying to get the price down for an entry. My feelings were that the players took it down a tad and then some holders got nervous and drove it further. Just my feelings though.

    2. I am not thinking about the price fluctuations. We know it will be capable of supplying 20% of current annual demand of lithium, have heaps of potash as a side credit and will expand its I/O resource/business. 400 yr mine life @ 17k tonnes of lithium p/a................ someone is going to want this lithium.
 
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