I'm confident we will, next due is Mining Proposal approval, due around November. Negotiations to finalize remaining off-take in conjunction with finance negotiations which are progressing as we speak and finance will to some degree depend on hat/ if any finance terms will be reached with off-take partner Keeping in mind first shipment is slated for Q4'17 so between Oct-Dec, if we work back from Dec then that gives us a start date by no later than March'17, so we have another 5 1/5 months to secure finance and off-take, keeping in mind te advantages our project has compared to other project with similar production time-frames, a lot of the following has already been discussed many times by other holders but it's good to remind ourselves why we think AJM will make us some good ROI if you looking a bit further than a few months:
* 100% owned
* Not looking to produce any byproduct - big advantage
* All necessary approvals in place, approval of Mining Proposal formality now, IMO
* Long lead item already purchased; HPGR, Crushing and Screening Plant and Ball Mill.
* The purchase of a modern existing 300 man camp located some 20 minutes drive from the mine site is being negotiated and could be announced any day.
* Mining focused Management that can deliver
* Perfect timing of demand/ supply cycle - BIG advantage
* EV and Storage is not a fad and I believe will catch many Analyst's and their forecasts with their pants down
* Our SP is suffering partly due to next door and our so called link and also some of the Analyst reports released recently
All IMO
AJM Price at posting:
12.3¢ Sentiment: Buy Disclosure: Held
