Can I suggest anyone who wants to put the debt vs equity question in perspective considers what happened to AJM.Great resource, competent production,but toxic debt level which,when coupled with a year of crap lithium prices and a bit of underhand dealing by noteholders and pls resulted in the mine being stolen and next to nothing left for shareholders.
Personally I am more than happy that FFX is well cashed up with no debt so the terrible circumstances that basically f**ked both AJM holders and A40(Alita) holders cant be repeated.
Can I suggest anyone who wants to put the debt vs equity...
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