1MC 7.14% 3.0¢ morella corporation limited

AJM Chart, page-5400

  1. 367 Posts.
    lightbulb Created with Sketch. 63
    ignore such trolls- you are right.
    just commenting like "everything goes down" without giving valid line of reasoning is just blatant downramping.

    it gives me pain to see the SP remaining at 12.5/13 - i have to admit, since my entry is quite above.

    but tend to stick to it because I see valid reasons to see a soon change/consolidation because of:
    - we are producing and shipping (now already 2 ships in April) of PAID product.
    - technical issues are to be expected (everything else would be unrealistic) and AJM takes obviously care of them to be fixed.
    - prices for battery grade LT dem to be stable and demand is there.
    - it seems there is getting some movement into the JRO issue. they can't sell their parcel on market- so they need a off-market buyer. on the other side, big players confess, that they intent to buy into WA hard rock. great chance to see something happen here.

    - last but not least- management commitment in the CR: shows, that at least from current SP level- they are confirmed to be able to generate an upside. not knowing if this means 20, 26 or 50 ct..
 
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