top stocks

I found this on another website top stocks

Dear Phil

Just recently purchased more shares in ADY @.25c now showing a cost basis of .40c, the current share price seems like exceptional value would you agree?. In your opinion where do you think the price will be 2 years from now? Cheers from Ruprik and his Dad.

~~~~~~~~~~~~~~~~

Response From Phillip:

Hi Rupik

Unfortunately I don't have a crystal ball but there are a few ways you could figure it out.

First of all you will have two investments - ADY and RLL

You need to consider their actual income streams, there prospective income streams, the size of the assets they hold, and the strategic intent of the market wanting to hold pure iron ore or pure lithium assets.

I unfortunately can't comment on these in terms of numbers because I would have to lodge a profit forecast with the ASX which the board has not nominated.

Compared to 67 cents a few months ago, and the business is in much better shape now, it looks cheap at 25 cents, but the market will tell you the real price.

regards


Phil Thomas
Executive Director