ADY 0.00% 0.7¢ admiralty resources nl.

Further ann coming 4 sure and will be positive.Forget the level...

  1. 85 Posts.
    Further ann coming 4 sure and will be positive.

    Forget the level of debt right now as that is very insignificant. In fact more debt will be called upon in the future. But the debt will be used for infrastructure and thus revenue.

    Remember the bigger picture here. Debt now equals revenue targets of up to 500mil p/a. This is the goal of ADY to maximise profits even though debt appears high.

    Its a long term approach and thats how i look at it and will hold and increase holdings when i can.
 
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