I bought ADY.ax over the past month. My average cost is .23. I have stopped buying due to no more cash and the risk factors. While the projects seem to be perfect for the times, my concern is execution. There appears to be a pattern of optimistic projections and consistent delays in execution.
The Opes Prime mess doesn't seem to have helped. If Opes Prime hasn't affected the demerger plans, why haven't they announced a date? It was supposed to happen in April. Rincon was supposed to be trading as a separate stock by the end of April according to something Thomas wrote a few weeks ago. I can't see that happening.
So I have a full position but I wary of ADY's ability to execute on their great opportunities. Lithium pilot plant operating, Iron Ore plant shipping, potash about to ship. Amazing combination of projects. Bobwins
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