Ady is so undervalued it's hard to believe. The port delays during 2006 are the main reason for the price lag, but before our very eyes everything is changing.
More Ore to be mine and shipped at lower cost, this alone should drive the share price to 30c + in a matter of weeks. IMO there is no value for the Lithium, potash, boron etc factored into the share price. Projected profit is 65 million (about 7c share, which is very conservative) in 08/09 year and this is worth at least 35c per share today, which is half of the estimated production value on a PE of 10.
65c per share now and over $1 in 18 months is where I see ADY.
time bomb about to go off
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
