1MC morella corporation limited

An unholy Trinity: USD 125m < 10 mths to resolve....., page-159

  1. 92 Posts.
    lightbulb Created with Sketch. 112
    Hi all,

    Instead of baiting why not look at what AJM has been spending the time:

    1. Investing in SYA Canadian lithium assets - this is going to require a heap more money;
    2. Agreement for lithium convertor in China - this is going to require a heap more money;
    3. Let us go drilling for gold !!! ye hah - how about we pay off debt first..... before digging at the end of any magic rainbows.....

    Ok.... so basically shareholders are happy we are spending money in several areas that are not core business rather than focus on paying off debt that is due in approximately 9 months !!!!!

    Are we really happy for management to be pursuing several non-core activities when the foundations of the house are questionable?

    Is it any wonder our shareprice drops every day even on very positive ASX green days........

    Feeling despondent,
    Pink.
 
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