ADY 0.00% 0.6¢ admiralty resources nl.

some research

  1. 14,562 Posts.
    I have done a bit of research.

    The expert paper puts the Lithium chlorides at 74c -80c per pound. At the top end that is A$1.05 per pound or A$2350 per ton. I ckecked these prices separately on the net and got a figure of 71c per pound so they are about the mark.
    One of his reports has a figure of A$4500 per ton. It does not gel. this is nearly twice the market price!
    The SQM company makes an income of 15% of revenue. For ADY to achieve the same result and make A$75m they would need revenue of A$500m per year.

    From the tonnage in the reports and the market price of the outputs I struggle to get a tenth of this number.
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