Hi Darlin
Now you raise some very interesting points in relation to ady and its funding. Ady does need a large cash injection to get production up and running. There is no doubt they have the resource and the maritime license and would be an attractive proposition to any jv partner looking to develop a mid to larger size mine. I have been of the opinion that november will be a crucial month for ady in terms of financing and future development. I can not answer you as to why thomas made the mistakes that he did and why he left the company in a mess. Part of the money burnt was to repay debt. That is no longer an issue. The sale of i/o is expected to bring revenue of $10 mill. If you refer to the investor presentation it clearly outlines a model for moving forward to production. The reality is ady is at 1.8 cps and will need to prove to the market they can get up and running. Empty promises won't work. I believe they will and I think it is a new company going forward. I do sympathise with holders who lost a lot under thomas. However, I see this as a great opportunity to get on board a future mid to larger size mining company and those of us buying at these prices should not be condemned as others have lost money in the past. We are all responsible for our own actions
Happy sailing
PGamble
- Forums
- ASX - By Stock
- jv
ADY
admiralty resources nl.
Add to My Watchlist
0.00%
!
0.4¢

Hi DarlinNow you raise some very interesting points in relation...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.51M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 885580 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 128915 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 885580 | 0.004 |
5 | 2998334 | 0.003 |
5 | 3838666 | 0.002 |
2 | 3350000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 128915 | 2 |
0.006 | 225889 | 1 |
0.007 | 849001 | 2 |
0.008 | 2825800 | 4 |
0.009 | 156360 | 1 |
Last trade - 16.21pm 26/06/2025 (20 minute delay) ? |
Featured News
ADY (ASX) Chart |
Day chart unavailable
The Watchlist
3DA
AMAERO LTD
Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
Previous Video
Next Video
SPONSORED BY The Market Online