IBB, I think opinions are welcome, by most...but calling weekly progress photos issued by the company "pretty pictures" can't realy be taken seriously.
IMO - AJM is in one of the best positions I have ever seen a Junior Miner position himself just b4 finance.
* We have a very solid head-start in Mine Construction.
* We have ~100% of initial production signed up for.
* We are ~9months away from 1st shipment.
* We have management with proven ability as experienced miners, comprising all aspects from Mine Build to Mine Operation.
* We have a potential 'White Swan" announcement re the 'Joint Plant' with our off-take partners.
All the above will lead to very good finance terms. Imagine the financiers looking at all the above, combined with the strong demand on Li, which will only get stronger next year, just in time for when we are able to supply, this will be one of their lower risk propositions and will reflect in better finance terms for AJM- I am certain of it, so certain that I have the value of a small (Melbourne) apartment invested here.
The time to buy on market at ~0.15c is running out, uncertainty re finance will soon be no longer in play and AJM will be fully funded and have customers waiting, ready to pay for 1st shipment...re-rate is imminent.
All IMO - Gamble Responsibly
Altura Mining Twitter, page-224
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Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $6.147K | 2.214M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 177 | 212962044 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 39451816 | 118 |
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| Last trade - 15.57pm 31/05/2024 (20 minute delay) ? |
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| Last updated 15.23pm 31/05/2024 ? | |||||
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