Ann: PLS: Conditional Agreement to Acq. Altura Lithium Operations, page-293

you will be aware that my post history has always trended along the following

- AJM proven record of quality product
- AJM proven record of low cost extraction
- AJM high debt is a risk (this is why this was a speculation high risk stock and not a home run stock pick, so my losses will be minimal if it does indeed go that way)
- The debt had many ways to be dealt with including refi, cap raise, etc - personally I had always backed a cap raise with some small dilution and negative impact short term.

there is no way anyone honestly can say they saw the creditors calling receivers a week earlier than formal ASX announcements had indicated previously, further that it would be because of a neighbour that has a history of collaboration with AJM made an offer, with break clause agreed by those lenders.

Mind open - its just not pessimistic and aligned with yours