1MC 20.0% 0.3¢ morella corporation limited

Ann: Long Term Binding Offtake Agreement Secured, page-39

  1. 2,806 Posts.
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    To all the people trolling AJM management, well, you know what you can do.


    @ThinkMillions - good luck at 15c.


    @el Jefe - this is how quality management gets out of a tight situation caused by factors outside of their control... without selling the farm.

    What will Macq bank say now? they said 24c because of need to capital raise. Then 19c because of need to capital raise. Dear oh dear.

    Bring on full production and $100m+ EBITDA. New highs will be our Christmas present if battery metals sentiment turns. 35-40c minimum if it doesn't.

    Remember stage 2 offtake and pre-payment quite possible before end of calendar year. Stage 2 production gives us earnings nudging $300m. What an exciting time to be an AJM Long.

 
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