Everything looks good but reading between the lines AB has basically spelt out that current market conditions aren’t favourable but they are plodding along. Shanshan has yet to play its cards. I’m a believer that they will play a major part in the next phase of the AJM’s story it’s just what part they play which I’m sure everyone is hanging out for. Everyone is in it to get the best deal and outcome out of any business transaction so I’m yet to be totally convinced they will just hand over fists full of cash to save AJM’s debt refinancing. On the other hand if they were smart they would leave the mining up to the miners, then it’s a win win for everybody! IMO of course..
Ann: Managing Director's Presentation to AGM, page-23
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Mkt cap ! $12.11M | |||
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