I have been in for just over 12 months now and was initially looking at SO4 but fortunately decided on AMN and happy I did for obvious reasons. I like there business but accept we are still well off commercialisation. That being said we are in at the basement price level so i believe (am hopeful) that once into production the advantages AMN have (size, low cost, proximity to market, long term off take agreements) then we will be industry leaders from a SH value perspective.
Given about one third is already committed to an off take agreement then project financing should not be a major issue but for now we need to get the environmental licenses in place and then basically AMN is de-risked.
No bad news or setbacks experienced along the way which is great so patience is now required while project financing is put in place final approvals received and construction is completed.
Slowly but surely the SP will reflect the de-risking and milestone completions. If you want a quick hit then better move to the micro bios or EV mineral stocks.
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