Nothing wrong with your research but EV's are only in their early stages and demand is low which means demand for Lithium is low. AJM and others are finding it hard because prices for Lithium are low making mining and production a knife edge business. My comment is about how AJM will survive the next few years with mounting debt. You only see one line but I do research too and then make a comment that looks at the whole picture of mining,production and demand. My years working in mining shows me that there is a minimum price a mine has to have to keep the operation going and this is where AJM is going to suffer with the mounting debt they have and very little money coming in.
AJM Price at posting:
8.5¢ Sentiment: Sell Disclosure: Held
