ADY admiralty resources nl.

Why hasn't the company engaged the services of a new contractor...

  1. 4,863 Posts.
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    Why hasn't the company engaged the services of a new contractor and got the show on the road?

    Conditions of engagement could be guarantee payment if ore is not sold within a few months.

    This would get locals employed, give contractor work and profits and ADY some funds while waiting for a JV partner. There is no need to upgrade the port short term just continue to share it with Santa Fe as they have done in the past.

    If the contractor does a good job then they may be eligible for new contract under the JV.

    ADY could have started this last year after Besalco moved out.

 
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