Should probably back up by saying a rejuvenated AJM if its a refinance that as stated by the announcement is to sort out its balance sheet, then AJM needs to come out with around $90m USD debt and $30m AUD cash on hand and have an interest rate sub 7%
There is massive dilution there but the company is then. set on the right path and I think the SP would recover pretty quick.
4.8c CR?
Ann: Extension of Voluntary Suspension, page-538
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