1MC 0.00% 3.0¢ morella corporation limited

Ann: CVL: Civmec Pursues Altura Lithium for Payment, page-56

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  1. 5,550 Posts.
    lightbulb Created with Sketch. 833

    "A pithy amount".
    No matter how much cash CVL have, AJM have none, dead broke.
    Having to sell their lithium at give away prices as no sales and they face bankruptcy.
    Management are hanging on with their finger nails, but they don't want to know it.

    AJM have a emergency fund, that will soon disappear trying to open up the second stage of Pilgangoora.
    As for the "management", they once controlled all of the Pilgangoora tenements, but gave most of it away.

    It wouldn't take much to place AJM into liquidation, so close now.




 
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