ADY 0.00% 0.8¢ admiralty resources nl.

sale of vic

  1. 7 Posts.
    I am a holder, seems to me we are selling it for nothing. 4M payable over 4 years plus royalty- no projected royalty payment/expected was provided. If u read carefully- 13M Vic liability to Admiralty to be extinguished/writtn off on completion. Another 29M to b forgiven on completion. Total 42M for zero consideration.What is th book value of the Mineral resources/concession being sold?
    Are we shareholders being robbed. Please vote no to the
    proposal.
    Ricar3
 
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