ADY
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0.00% 1.1¢ admiralty resources nl.

Could be worth a punt on the RLL sale. If they do get 36m for...

  1. kacy
    11,662 Posts.
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    27/11/08
    17:49
    Post #: 4548929
    Could be worth a punt on the RLL sale. If they do get 36m for RLL that would make then debt free and with 10-15m in cash. They could get 100% CMSB in Feb. JV with wisco maybe. Besalco gone in march. Profitable IO production commencing by mid 2009 possibly. So I'm not writing them off yet.
    ADY Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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