ADY 0.00% 1.1¢ admiralty resources nl.

the proof, page-68

  1. 15,745 Posts.
    re: good valuation. Morning Monster,
    Page 20 of their report is a good place to start the research. It tells us there plain as day that the REAGENT cost of extracting the Li is 73c per pound. To this you need to add all other operating and transport and selling costs. On the same page he states that the price being received for the end product is 80c per pound.

    That does not leave anything much for a profit! also on that same page he states that SQM have a total cost of 40-50c per pound which ADY cant match because of the concentrations of their brine.

    Page 20 is a good read. Lots of useful information that most seem to want to ignore!
 
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