Ann: Response to Speculation, page-1685

If you claim that there is more optimistic posts on the TAW forums compared to the AJM forums you are being disingenuous.

Its also funny how you quote many posters over there saying first shipment SP will soar etc etc when those type of posts are far more prevalent here and instead you should be taking note that first production, first shipment, second shipment, yes we almost have three shipments away now (I thought AJM was Australias next lithium producer??) and are at nameplate etc etc has had no bearing whatsoever on the SP nor has the LOM increase from 3.6 to 9 years yet very few posters on here feel the same will be the case for AJM (or PLS), i.e many more posts of soaring SP and deluded pie in the sky takeover prices that will absolutely never come to fruition given the current state on the Li space.

No lithium company is going anywhere from current levels until they prove what they have said they can do - produce 6% spod profitably, reach steady state production and dont need further capital to do so, So far AJM has been the worst at showing they can do what they say they can evidenced by many delays compared to peers and evidenced by often telling the market timelines that they kept having to extend i.e not performing to guidance

If you actually want to get some takeaways by looking at one company compared to the other that would be that AJM SP will be range trading for at least the next six months (this is being ambitious to AJM who wont have 3 shipments away by then and wont be at nameplate) which may come under more pressure with further dilution likely based on the figures available.