ADY admiralty resources nl.

exactly what assets and infrastructure are you talking about?...

  1. 1,362 Posts.
    exactly what assets and infrastructure are you talking about? Look at how many companies that have various resources in the ground going broke.

    ADY via 60% of Vallenar has iron ore in its mines.

    If I am correct most of the plant and equipment was at the Rincon site.I was told that the mining equipment and trucks used by Besalco have been removed and there is very little at Vallenar.In case I may be wrong suggest you seek company confirmation.

    Infrastructure? What do you mean? Are you talking about the shared ( with Santa Fe) depot at the port?



    If you read previous company advice they were hoping to obtain millions in loans in order to spend on infrastructure. They have only about $2-3m cash left in the bank plus a big debt with YA Global. And there is no cash flow as nothing is being produced. Prooduction stopped last Oct because they had no funds to use a new contractor.

    Get real man!!!!!!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $10.51M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $81 20.35K

Buyers (Bids)

No. Vol. Price($)
3 885580 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 128915 2
View Market Depth
Last trade - 15.59pm 25/06/2025 (20 minute delay) ?
ADY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.