Spoke to SOS personally last week regarding AJM, his thoughts on where we are at atm, he is very positive about the future an not at all concerned about finance.
He referred me to the Beer & Co updated research dated 24th May 2017 as stated below;
Fall‐back.
AJM had $37m in cash as at the end of March.
This cash level is sufficient to Last until August; and Develop the mine
Also, AJM has a further fall‐back of funding from Shaanxi J&R Optimum Energy.
This Fall-Back makes me think if the funding is later, so what, not a big deal, in fact, its positive.
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