Gday Kev,
Will try to answer your questions;
“Why are we at .14c at the moment”
1 : As we all know by now, MS put out an oversupply, glut prediction, sending the SP spiraling down for ALL lithium stocks, while in decline, MS has been loading up on cheap shares
2 : JRO financial difficulties, creating fear in the market for AJM, with our offtake partner.
3 : The delay in the plant construction, meaning delay in production, hence the need for the latest CR, would we have needed the CR, if we had been in production 3-4 months earlier?
Your constant criticism of the BoD, I can only assume you mean Allan Buckler, will be selling out because of his purchase of $15mill worth of shares in the SPP.
To me your constant allegations that he will sell out, doesn’t make much financial sense!!!!!
He already had 194,839,756mill shares!!!!!
Why didn’t didn’t he sell them when the price was .48c per share?
He would have made more money then, without having to put in another $15mill!!!!
As for the “So called groupies” that you constantly refer too, maybe they just have the ability, to research not only AJM, but all lithium related industries, maybe they can see the games being played, maybe they have the confidence in their research, and the patience to wait till the plant is running at constant nameplate or above?
I believe when this happens, this should give confidence in AJM, to achieve their original objective, which is to be a world class lithium mine.
Pay down some debt, refinance and bring on stage two.
Hope I’m not thinking to far outside the box for you Kev.
Hope this helps relieve some of your tension and doubt.
I feel that Allan Bucklers latest investment, certainly gives me more confidence in AJM, he’s obviously an astute businessman, have you got those type of funds to throw at AJM?
I know I haven’t, he obviously didn’t become wealthy by making stupid or unrearched decisions!!!!!
Remember, he’s one of the ones sitting in the box seat, maybe he doesn’t have to think outside the box.
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