ADY 0.00% 0.9¢ admiralty resources nl.

spoke to maria, page-4

  1. 838 Posts.
    given the situation I would suspect that ADY would do a fund raise via here or america with an ivestor/investors with lean on IO assets.If that were the case then all that is left is the second loan and further financing.Lets expand on this logic.If ADY then asks for aditional time re second loan it would then only have an addition interest amount to pay until the entire loan was drawn down.That interest would probably be 150k or so.
    After these two urgent situations are resolved then there is the longterm debt requirements which could well be negotiated via Merrils/credit suise etc.
    Remembering that ADY does have assetts, iron ore shipments and lithium, I would suggest that all looks OK at this stage of the game and if the first two issues were resolved today then there would be no reason that ADY would come off suspention today and I suspect a surge in price would ensue. This is IMHO only.
 
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