General Discussion Topics, page-25252

Mate, I agreed with you that we should be looking at every angles when investing and everything on the book can look great. But as an investor, that is the only thing we can go on by when evaluating about a company. One of the main reason why companies goes bankrupt generally associated with the word "DEBT". AJM was plagued with huge debt and attracted a ridiculous amount of interest payable within a short period of time. Not to mention that their lithium offtake was with a Chinese company, hence sovereign risk attached. Sayona has Zero debt and about 35million COH, plus the backing of the Quebec Government and Canadian Tax system. With an ultra low interest loan and equity arrangement that AJM can onlyDream off. You're not comparing apple with apple here. Sayona is in a difference league of it's own and its in the front seat to take the reign as the next biggest lithium producer in North America.