ADY 11.1% 1.0¢ admiralty resources nl.

ore broker presentaion. ady mentioned, page-8

  1. 25,520 Posts.
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    GL.

    You need to compare MC not SP:


    MC of ADY = $285 mill.

    MC of ORE = $7.4 mill.

    ie ADY has a MC approx 39 times higher than ORE and so it should be considering ADY is much closer to its lithium production and Iron Ore. That's not to say that ADY is not cheap, but for a different reason.
 
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