ADY 14.3% 0.8¢ admiralty resources nl.

summary little juddy, page-11

  1. 190 Posts.
    Now ADY is a great company and with a Lithium resource worth $45 billion im not too worried about its share price.

    But when it comes to short or medium term valuations - if I/O falls in price or China do not import as much from ADY - income will be reduced and therefore company valuations IMO. Please correct me if I am wrong as I am a long term holder and hoping it does continue to fall to 10 cents. As I am looking at pick up twice as many as at my previous entry point of 20 cents.

    Any Opinions out there on the prices of I/O?? Maybe even Lithium and Potash? And how lower prices of these resources will afect our company?
 
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