Ann: Altura Creditors Approve Deed of Company Arrangement, page-37

LOL... me too and plenty of others as well I suspect Feeling very celebratory this evening! Started at 0.04c... can't believe all the drama around Tabba Tabba and water rights, 'mates rates' CR etc etc..... the difference now from the last high is that we have a fully functional mine at nameplate, with another one at 60% that needs just a bit of love via PLS 'tweaking', and POSCO lurking around the corner. While AJM is an opportunistic buy it will be the opportunity to be part of downstream processing that will be the real money spinner. I really do have a lot of sympathy for AJM holders who didn't also have $$ in PLS- my big loss was IAM, so I know what it's like to see money go down the drain. (Happily the investment in PLS has taken some of the sting away). But I also think the asset is by far better off in Australian hands than those of gangfeng, who I'm sure were hoping that they could just move in and get it for virtually nothing- "why buy the milk when you can buy the cow" seems to be typical MO for them (seen it happen in other sectors). After forcing AJM to sell them product below production cost, the writing was on the wall. Anyway, off to have a quiet red....