Agree entirely with you on this one...$1.5 at least. Depending upon the next round of results and potential could be 2 million ounces plus....
If you've read through the ADU annual report, as of June 2003, the top 20 shareholders held 82% of the company and is probably a lot tighter now....
Hamish Hallidays comments on maximising share price growth is encouraging....
From the 2003 report
'Adamus has had a year of success and intense growth which has now given the company the appropriate market profile and necessary funding to realise the full potential of its mineral assets. Adamus continues to maintain a tight share registerand capital structure giving shareholders the best possible opportunity for capital growth as the company seeks to realise the full potential of the Salman Gold Project.'.
ADU Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held