What does one think about the divestment by Shannxi J&R currently selling out of AJM recently.
AJM is in a whole heap of pain with their interest repayments on $200mil worth of debt being serviced by production cashflows from a low grade deposit and a myriad of production issues.
Just thinking the chinese offtake partners are starting to look elsewhere for second generation Tier 1 deposit to partner with.
FA & General Banter, page-308
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