Ajm management focussed on building coal business.
I have no doubt they want to offload Mt Webber stake if price is right as they are about coal and not iron ore and would free up for funds for further coal acquisitions and development.
They have made some good progress on the coal front which being ignored by the market, but they will have their time in the Sun as the ex New Hope boys sure know about building a big profitable coal business
AJM Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held
