1MC 20.0% 0.3¢ morella corporation limited

SPP Offer, page-110

  1. 400 Posts.
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    Hi Wal76,

    Nice to hear from someone who has worked on the AJM site.

    I think AJM built the mine 'on the cheap side' as you mentioned because their initial plan was to get a good TO offer and pass it on.

    A bit like doing the minimum to your car in order to sell it.

    That did not work out, so they had to do the $30M CR to get the plant right and now it's full steam ahead. I'm happy they did not get the TO they wanted. Lithium sport price is cruizing up and things are looking good.

    Happy to hold for a while
 
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