Not really concerned here. Just seeing a great chance to top up.
+ AJM near production with very good profit expectations = 60c
+ Doubling of production planned = crudely double of SP = 120c
Currently down due to a combination of factors including,
- General sector retrace about 30% pullback on average from Jan 2018 high
- Company offtake partner troubles and uncertainty
* AJM will have absolutely no problems finding a new offtake partner if JRO falls over.
* AJM will not take a 60c TO offer when they have a clear, fully funded path to a much high SP.
Ann: Stage 2 DFS at Pilgangoora Delivers Outstanding Results, page-165
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
