ADY
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10.0% 1.1¢ admiralty resources nl.

valuations after demerger

  1. Dazza999
    100 Posts.
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    15/10/07
    14:56
    Post #: 2895202
    Just for the iron ore

    If estimates of around 40c for the iron ore split company hold up doesnt that only give the iron ore company a market cap of $112,000,000 (Given 280 million shares).

    Does this seem cheap or am I not getting something (especially after the 10 yr sales agreement)

    Feel free to comment on the lithium as well

    I hold

    ADY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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