ADY 9.09% 1.2¢ admiralty resources nl.

very interesting

  1. 1,362 Posts.
    that for months no-one was prepared to loan ADY funds to roll over the debt BUT management was able to find a kind heart who would invest $36m and buy the jewel "RLL ".

    Boards justification will be....

    1. we paid off the debt

    2. we sold RLL at a profit

    3. we had no choice


    Read that Ya Global advanced $20m to Arafura in Oct. Wonder why none to ADY after they promised (we have been told) they would by end Oct?
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