ADY 0.00% 1.1¢ admiralty resources nl.

march 24 deadline, page-3

  1. 113 Posts.
    Ok team time for some positive energy. who thinks we have a big deal in waiting after tommorrow. i do.

    Sometimes having no news is good. Lets remember for all those die hards myself included the stock has more upside than downside potential. it amazes me the strength retained for weeks on end in the SP. We really have no more negative news to throw.

    Any positive news on the 40% Wyndam being a goer is sure to rebound this,not as a long term stock but more for a day traders play toy.

    while we lack production.... at the moment... and direction guidance.. any change will be significant. I can't estimate the fact obtaining the 40% Wyndam theoretically adds $50 mill to the balance sheet about 4-5c value per share based on capitalisation.

    at 2c we can only go down 2c. but we can go up much more than this if luck heads our way.

    One thing we have going for us is ADY seems to win their legal cases. This in mind i question whether the fixed and floating charge over vallenar asstes may rest in Australian court based on the fact majority shareholding ADY may mean control is australian based.

    As alway DYOR. anyway for the knockers we've heard enough how bout some postive energy for a change.

    cheers
    JD Good luck all!
 
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