AJM Price rise, page-63

Hey mate, I understand you are frustrated on the sp and so do I.

But complaining and crying like kids ain't going to help sp at all. Just my suggestion and you can take it or not. Re-read the last quarterly, do some calculation, analyse it and make your own choice of keep holding or selling.

I have done my calculation. If AJM can control their production cost ~20mil (not include 7mil interests, which AJM have no control on at the moment) this quarterly at a total production of ~45000 tons at ~US600 sale price, we will be definitely fine even with high interest rate and this is a business with decent profit. The sp will recover once AJM proves we can do it. Any increase in lithium price will work to our favour and your 50c target maybe is not so far away. Indeed, market changes all the time that is why you can make or loss money. It is your money so it is your choice.