I had wondered the same, it's such a storm in a teacup, the half yearly reports outline that there has been no material impact and the note holders appear to be very content to keep supporting the company as it finds its feet (they want to get paid and their capital back after all!). Buy/sell stacks look to imply a rolling over of the price and a sortie below 13 cents, always risky to read much into it though as it's so easily staged by 'market makers' PLS aren't feeling the love right now and seemingly off the back of disappointing recoveries that they seem to imply have already been addressed? Could be a buying opportunity or else an encouragement to buy into AJM if we really are ahead on production metrics? I would have thought the mine was a leaky ship with so many workers there, you'd think that once it hits its straps there will be a reaction in the market ahead of any announcement (makes me think they're still working kinks out).
AJM Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
