Personally I think allot of people are hurting and in the red. Anyone that has been able here over last couple of years will understand that these are purely growing pains, where the company is being subject to the external forces of the market. Before I invested in AJM I researched the management team- after realizing that they were sitting on some extremely valuable ground I needed reassurance that the team had the caliber to execute mine construction & finance , run the mine efficiently/cost effectively and had the global connections to secure off take sales agreements. The following are now ticked off; 1)mine construction and finance (done) 2) off-takes secured (done - done twice now!) 3) run the mine efficiently and cost effectively ( TBC) Point 3 for me is the only point that I'm awaiting confirmation and this will happen in January. I've been patiently waiting through a slow announcement period. I don't need constant updates and I'm happy to wait for the first quarterly announcement. When invested in stocks like AJM the returns can be explosive, but also the losses. Two years ago I evaluated the whole SPod VS Brine - long term I believe consistent, quality supply will be much more important to a burgeoning lithium sector than, a weather dependent source of supply. You need to be pragmatic and separate short term noise from long term fundamentals. I'm looking forward to a year of increased dependence on WA hard rock producers! Happy Christmas to all and good luck for the year ! I think 2019 will be volatile, but believe we are now at the bottom for AJM!
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $8.935M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.3¢ | $1.043K | 31.60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 59721 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 372438 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 59721 | 0.032 |
2 | 70000 | 0.031 |
2 | 21891 | 0.030 |
1 | 19200 | 0.029 |
1 | 321428 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 372438 | 1 |
0.034 | 333567 | 5 |
0.035 | 23800 | 1 |
0.036 | 375239 | 5 |
0.037 | 70464 | 2 |
Last trade - 15.34pm 10/09/2024 (20 minute delay) ? |
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