Doesnt matter what the Li demand is in 3 years I dont think AJM will be around to see it.
Debt holders will likely want their money back. (this time next yr) and AJM will not have the funds to pay it! Cant see how a debt refinancing would take place on a mine not operating at full capacity (yet) a declining margin, and peers going into VA....... would you lend about $200mn to a co thats already looking at defaulting on their current loan? wouldn't say very responsible!
Anyway, we will all see how it pans out. at best a CR will have to take place, if they can get funds from anyone that PLS hasnt now already pick pocket'ed
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