I'm seeing some 'running on fumes' comments here that are just making me shake my head.
I actually think it's a bit insulting to AJM's BOD, CI and offtakers.
The outsiders, like offtakers ,would've done their extensive dd, while the insiders, well, of course knows exactly what's going on, even if they can't reveal all to the market, primarily, in my view, to protect the competitive advantage.
The fact that all these people are heavily invested in AJM is kinda saying they're stupid, for taking on unreasonable amount of risk (which I think what running on fumes is
)
It's really quite ridiculous this lovefest currently going on. The one who first made the comment has had a history of conveniently, and repeatedly, leaving out integral data (sometimes even the same ones!).
Anyhow, we are all just making assumptions based on available data. My basic assumption is the AJM's investors and management, are not stupid individuals, and as a group. If a current holder doesn't agree, then I can safely say such a holder is quite naive (a polite term) to trust such a company.
Funnily enough, that poster is not a holder, so I can at least see the logic why he will make that statement. The holders who agree though...
It really is quite simple... follow the money.
rant over... lol! not sure what I got myself into now
