ADY 0.00% 0.7¢ admiralty resources nl.

intrepid 960 mill ipo oversubscribed, page-3

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    from the December quarterly

    The Pilot Plant was commissioned on 11 Dec 2007, with first production of
    unrefined lithium carbonate expected on 16 Apr 2008. Purification of this
    material will take a further week and production of refined commercial
    lithium carbonate is expected by the end of April 2008. We also expect to
    produce about 20 tonnes of potash.
 
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