ADY 0.00% 0.8¢ admiralty resources nl.

The bottom line..... ML was comfortable with ADY and...

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    The bottom line..... ML was comfortable with ADY and understandably so, with so much upside on the IO and Lithium fronts.

    This week I have again taken the opportunity to review the company announcements over the last few months to ensure I have my expectation in line with reality. Worth noting the 2-Oct announcement regarding the restructuring of ADY.

    Conclusion.... Yes, I remain a strong supporter of ADY and expect a major rerating of the stock to over $1 during the next 2-3 months.

    To quote some others, it's simply too good to resist.

    Prediction ******************
    ADY over $1 in next 2-3 months & $2 in the longer term (or equivalent price after restructuring).
 
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