ADY 0.00% 1.2¢ admiralty resources nl.

here is a question for you.who would buy any asset at the moment...

  1. 191 Posts.
    here is a question for you.


    who would buy any asset at the moment which needed hundreds of millions of dollars spent on it?

    let me say i don't think you would be getting knocked over in the rush and ADY will have enough problems trying to raise $3m by late October let alone the rest of the debt it owes.

    The credit markets have frozen up and a small and insignificant start up like ADY will be so far down the food chain its not funny it getting loans.


    Talk of what ADY is worth is premature and fool hardy at best,they have to overcome the short term debt issues first and foremost and one would have to say that is highly unlikely in this current market.

    My advice as it has been,buy ADY once all the turmoil and financing is resolved if it is.


 
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