ADY 8.33% 1.1¢ admiralty resources nl.

Marcol, refer to the ADY website QA section. The agreement...

  1. 1,862 Posts.

    Marcol, refer to the ADY website QA section. The agreement mentioned only covers 20 tonnes in any case. Each bore hole is worth roughly 4 times that. PT has stated the following:

    "1. ADY is producing potash as the second last by-product from the lithium process. We have advised Rheochem Plc, with whom we have the first takeoff contract, we will supply them with 20 tonnes of 99.75% pure potash in May 2008.

    3. Our strategy going forward is to take advantage of the potash price/shortage but and although our brines are not optimal, the production is free. We also have sodium carbonate and sodium sulphate from Río Grande mine which is even higher price than potash."
 
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