re: Ann: Managing Director's Presentation... According to their timeline for proudction. In 2 years from now there will be 3 mines up and running that AJM will be part of.
I think that is being overly ambitious (especially given there Indo delays), as I think they will sell their stake in the Mt Webber I/O they hold with Atlas and I also think the Lithium project will take longer to get up and running.
But regardless of project timelines dragging on a bit this stock has proven very robust over the past 12months. Yeah it hasn't re-rated yet as I thought it would but the floor hasn't fallen out of it either and I'm still in the green overall after taking up my options last Sep.
I am considering re-weighting towards AJM.
Ann: Managing Director's Presentation to AGM , page-6
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