1MC 6.82% 4.1¢ morella corporation limited

Ann: Annual Report to shareholders, page-250

  1. 1,165 Posts.
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    At a loss? And processing facilities had a choice mate, they bought it at great prices might I add. the only loss factor I see is if you calculate the ridiculous Interest rate of the loan. in my view AJM mined, sold premium spod at great prices. the likes of which pls could not match. AJM were NOT flooding the market....they were doing what they intended, to sell their product. they did it very well. I'll say this again, the only reason they failed was the ridiculous loan they took to get operational. Had they funded it differently they works be the leading lithium miner in Australia. IMO DYOR.
 
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