ADY 10.0% 1.1¢ admiralty resources nl.

Note comment about Rio forecast SP, and the logic behind it:Note...

  1. 374 Posts.
    Note comment about Rio forecast SP, and the logic behind it:

    Note Ion ore comment!

    Maybe this might assist ADY getting above 10 c?

    Even if metal prices fell, the big miners were riding on a tide of handsome commodity incomes. Their share prices would rise once "ongoing growth and solid returns drown out the near-term noise". Deutsche bases its $104 share price target for Rio on global growth moderating but not imploding, upgraded iron ore price forecasts and Rio earning big money on aluminium, copper and molybdenum.
 
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