ADY
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0.00% 1.2¢ admiralty resources nl.

market can not ignore 44 billion dollars

  1. jojosydney
    9,505 Posts.
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    23/07/07
    16:36
    Post #: 2645147

    The Market can not ignore this company any longer but needs to re-rate it where it belongs.

    Plenty of upside left imho.


    The conversion ratio from lithium to lithium carbonate is 5.32, implying a reserve of 7.46
    million tonnes of lithium carbonate at $6,000 per tonne (2006 price quoted by Industrial
    Minerals)
    WITH A HISTORICAL VALUE OF $44.7 BILLION.

    The conversion ratio to lithium Chloride from
    lithium metal is 6.12 and for lithium Hydroxide it is 1.49 times.
    ADY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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