ADY 22.2% 0.7¢ admiralty resources nl.

some q and a from the ceo, page-7

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    Hi nightspore,

    Look at the following presentation from ADY

    http://imagesignal.comsec.com.au/asxdata/20070423/pdf/00713710.pdf

    Go to the product specification slide

    and you will see that the contract stipulates 1% of AI203 with an element penalty level of 1.5%

    So looking at the above I would suggest that ADY has a AI203 level that is lower then 1%

    Atlas (AGO) has an average of 1.8% AI203 at their Pardoo project in Western Australia

    Mount Gibson (MBX) has an average of around 2.5% AI203

    Look at page 6
    (http://imagesignal.comsec.com.au/asxdata/20070730/pdf/00743599.pdf)

    I hope this helps.

    jojo
 
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