demerger/consolidation mentioned in todays announcement:
"The demerger is expected some time in March 2008 after the independent expert’s report is received. Admiralty is also taking the step to get tax advice on how the cost base of the free Rincon share will be treated. All shareholders in Admiralty Resources at the time of the Extraordinary meeting will receive one free Rincon lithium share for every Admiralty Share they hold, assuming the motion is passed."
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