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3.03% 3.4¢ morella corporation limited

An unholy Trinity: USD 125m < 10 mths to resolve....., page-310

  1. jerrryevansss
    1,001 Posts.
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    30/10/19
    14:44
    Post #: 41148262
    I'm not pink. and I believe they did drop the ball as they should have negotiated a base price that covered operation costs. they chose a mine builder that did a crap job which had to be fixed at a cost to shareholders. but you're right, they are doing better than other players. however the debt is making it worse than the others. galaxy has enough money in the kitty to take over ajm debt and take the whole mine.
    Last edited by jerrryevansss: 30/10/19
    AJM Price at posting: 5.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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