Hi Arjay, not sure we need another good partner just yet, they don't come much better than Gangfeng and that didn't do a lot for SP. Though perhaps a large Japanese, German or Korean company may add a bit of international diversity?
Think it might be more important that they give the market confidence on how the ramp up is going, what they are producing and at what cost and from this the ability to service debt repayments. This seems to be the missing piece of the puzzle to me, a few others have also commented on it as well, so apart from those that are overly protective of the Board it seems people may actually want this type of information
Hopefully they choose to really spell it out clearly in the quarterly (if we have to wait that long). I say "chose to" as they can obviously chose to give us a lot of good detailed info in the activities report or just give us high level feel good type stuff.
Quarterly cashflow may also be a bit non informative despite people's "hopes" as without Commercial production status they are likely to offset receipts from customers against "development". Again they could chose to put a note to the cashflow to inform us what the figures were, but probably not required to.
When will they move to "Commercial Production" status?, still nothing on that from memory.
So what they chose to tell us or not tell us will be very telling in my humble opinion.
Anyway, all just in my very humble opinion as always
Let's hope 2019 is a prosperous year for all AJM holders.
AJM Price at posting:
15.0¢ Sentiment: None Disclosure: Held
