Spot on. I'm still surprised, after so long and so many lessons learned here; that some people still don't get it. A successful business is not made by signing offtakes and shipping product at the bottom of a mining cycle. A successful business is keeping costs down, holding out, and signing contracts when you have the power to be the price maker rather than the price taker. AJM was the price taker, to the detriment of the entire industry.
AJM Price at posting:
7.0¢ Sentiment: None Disclosure: Held
