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0.00% 3.4¢ morella corporation limited

What was that? $754 million USD investment buys you 27 years of...

  1. muppet655
    3,740 Posts.
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    22/06/19
    19:25
    Post #: 39190012
    What was that? $754 million USD investment buys you 27 years of cheap (crappy brine) lithium in Chile, to feed expensively into a hydroxide plant? Looks to me like a similar investment in AJM would buy you 26 years of spodumene at cost...

    $754 millions USD equates to a 42 cent share price even after paying off the debt. I think an offer like that might get them quite close...


    AJM Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
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