1MC 0.00% 2.9¢ morella corporation limited

As i said, if AJM can meet their projections and get 40,000+...

  1. 3,740 Posts.
    lightbulb Created with Sketch. 106
    As i said, if AJM can meet their projections and get 40,000+ tonnes away this quarter anywhere near their forecasts for costs then I'll be happy to re-evaluate them. Being able to weather the current 'oversupply' storm (whether real or contrived to put the screws on the new mines) through cashflow alone will be enough to put them in the box seat. If not the FIRB might be happy to let a foreign entity take majority control if it prevents the company going entirely under, in a sector that appears very unloved.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.