Yeah, I know what you mean - as a S/H, I was drawn to the criticisms first, but then there's these assessments:
(I'll paraphrase to preserve copyright)
*AJM's lower opex compared to peers.
*Future higher production will improve cash generation
*Long mine life
*Credit rating to improve as volumes increase
*Imminent bond issue will address debt and provide liquidity
*AJM has raised equity from strategic partners interested in securing products reliably
That's a well rounded set of positives IMHO.
I think Finch *have* to be open about the risks to cover their bum, and it seems the rating of CCC+ we have been given is a default one as a "Long-Term Foreign- Currency Issuer".
DYOR - GLTAH
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