price target, page-46

AJM is leading the public to believe it’s cash flow positive via a tweet. I sincerely doubt this to be the case and will be shown up in the dec qly.
Also the lack of quality information (in announcements) since production is telling me to be wary.
I still think a cr (guaranteed IF a stage 2 is triggered imo) is likely and after this is complete and the company has shown that it’s on an upward trajectory operationally and shows it is paying off its debt, I’ll reconsider my sentiment.

2018 has shown us sentiment is shot in the resources space so I’ve lowered my expectations on a range of stocks especially those with debt equal to half the market cap and aren’t showing the market how it’s been reduced let alone missing it entirely from presentations.