ADU 0.00% 71.5¢ adamus resources limited

may be a good buying opportunity, page-5

  1. 10,469 Posts.
    lightbulb Created with Sketch. 155
    Thanks Hotfire

    Good analysis

    I was not expecting much price wise until late this year when it should get to around $1 (maybe more if the POG takes off).

    The recent comments by its CEO on clearing the hedge (see DY20's recent post) is interesting.

    I suppose if they want to make a takeover the sooner the better for Anglo because the price will simply go up as ADU prove up more reserves/resources and become cashflow positive, so the offer could be fairly soon.

    loki
 
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