Ann: Investor Presentation, page-47

The landscape has changed......at last capital raising AJX had a market cap of $113m now just $42m and are in a far worse financial position. A position of very little power.....
Make no mistake....$14m is owed next September, of which $8m is already spent!

Any insto's know that the first $8m has already been spent if they were to tip some money in.......$8m isn't enough and if they don't come to the party.......only $1.65m was raised from shareholders last round........

Dangerous times.........

DEBT and AJX is a bad bad thing........just some are a little slow to catch on..........