If ADY was in so much strife as some have indicated why would executives be on vacation. The CEO for example is in USA.
Unfortunately ADY has been adversely impacted by a falling sharemarket together with no news to report on.
There is no use making up news if negotiations are still in progress. We already know that the lithium tenders close at the end of Feb. Only if a great offer is made will Phil bring forward that date.
It is a waiting game.
While we wait iron ore is being delivered to the port awaiting shipment dates.
When iron ore negotiations are finalised the new ports can be upgraded for larger ships. Exports will then be all yaer round. Do not forget that other industries are also interested in using the new port facilities at a cost.
Stay calm folks as it will happen!!!!!
ADY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
