While the monthly newsletter is full of up ramp and warm and fuzzies, I too am growing tired of a hopeful future and awaiting a big revenue announcement. The reality (as I see it) is that the projected revenue to be announced in the upcoming 4c is already priced in, and still leaves AJX a fair way from being cashflow neutral. The decision is, do I want to put my capital in the bottom drawer, or do I want to put my capital to work?
The way I see it I can still ride a run from $1 to $2 (which seems to be at least 12 months away imo), and can make considerably more with my capital in the mean time.
For the immediate term I am out.
Skorz
Ann: Shareholder Newsletter-AJX.AX, page-79
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