Imagine if AJM sold 50% of there deposit. Funny bloke who thinks there is no get out of jail card here. August next year is when the debt cash is due last I checked.
At 130 mill MC with fairly good production going on, this could also get a takeover offer from 200-400 million IMO.
If AJM gets a 10-20% spod price increase(like it appears MIN already has achieved in Q4)... A 100-150 mill sale for 50% or so of the deposit, after going cash positive would definitely put a fire under the ass of this stock.
This is definitely a possibility and I don't hold AJM and probably never will.
All my opinion. DYOR!!
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