We have insignificant debt at the moment – and at handsome profits from deals like todays announcements the profit to investment ratio is extremely attractive. I am going to take on $150m in debt so that we can make up to $500m per annum profit.
(PT)
ADY has nil concerns about debt and ability to acquire more.
Revenue from IO will be ramped up in the future immensely.
Lithium reveenue etc will also go through the roof in near future.
Given world sentiment will improve in 3rd quarter and beyond it becomes more apparent that at these prices ADY will outperform and carve a niche in the market. If i could i would buy all 280 mil shares and hold.
ADY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
