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2.94% 3.3¢ morella corporation limited

I don't bother with the Singapore outfits :) For fun, the DFS...

  1. Dr_Manhattan
    2,161 Posts.
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    02/09/19
    15:03
    Post #: 40278243
    I don't bother with the Singapore outfits
    For fun, the DFS expected AJM to be significantly profitable with a mine build capex of AU$140 mil (end up at A$185) and an assumed SC6 sales prices of just US$538/t. Paid off in 2 years it said! The painful ramp has delayed things but as long as AJM can sell its production, no reason why costs can't keep coming down as the mine gets closer and closer to nameplate. Refinance would do wonders indeed.
    AJM Price at posting: 7.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 44  Upvote
    lightbulb Created with Sketch.  Great analysis
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