Ady is certainly sailing amongst the fog atm. Those of us...

Ady is certainly sailing amongst the fog atm. Those of us sailing on her would certainly have not expected a lot from the report at this time. You will note in past posts I have mentioned rumours of ady attempting to secure a figure of around 20 mill. If it is to happen I believe it will be mid to late aug or early sept. Now even if they only get half of that it is a great result. Why you ask? Ya global GONE. Wyndham GONE. Enough START UP capital left over to get production under way and cash flow coming in. Result? Goodbye anything under 5. You may remember in Jan it ran to 5 on a whim and a prayer. There is support for ady and there are those who want it to be a success. Though I have to admit not many can be found on hc. Now for the report, I have to say it is great at saying a lot and nothing at all reminds me of kevin 24/7. They have reached a commercial agreement to repay wyndham? What does that mean? Well imho it means wyndham a fairly confident they will get their money and haven't launched any legal action as such. Ya global debt has been reduced significantly and there is still under 1.5 bill shares. Another good result imho. If you look at ady over the last few weeks it is going up or down based on very small coin. That is even allowing for ya global cashing in their shares. Ady have in place a business plan to go forward. Thanks JA for being so forthcoming with your analysis. What does that mean for me? Ignore the day to day fluctuations, top up where I can and remember the words of teddy roosevelt "speak softly and carry a big stick". JA doesn't say much but in the io mines in chile he has a very big stick. Wait till that stick hits the table, every man and his dog will be scrambling to get on board but alas the good ship ady will have come out of the fog with its loyal passengers looking through the mist to see a beautiful sunny day.
Thanks for reading folks and happy sailing.
PGamble