Investor Presentation, page-463

Altura Mining Ltd (ASX: AJM)
According to a note out of the Macquarie equities desk, its analysts have retained their underperform rating and slashed the price target on the lithium miner’s shares to 16 cents. Although the broker is a bit more upbeat on the industry after positive comments around demand from rival Pilbara Minerals Ltd (ASX: PLS), it remains bearish on Altura Mining and doesn’t appear confident that it will be generating meaningful cash flows in the near term. The lithium miner’s shares are changing hands for 17 cents today.
Figures coming from many astute holders here on HC is certainly contrary to this tripe from Macq.
Does Macq really know the difference between sh1t and clay?
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