So AJM shipped double amount of spodumene than A40 for only 50% more income.
Not trying to get into "my better than yours" but $20M a year in interest payment is just a bit over 50% of our total loans.
IMO it could be much easier to arrange some terms with Tribeca than trying to convince AJM lenders to drop 15% interest on $120M loan.
Selling all A40 stockpile tomorrow can allow to pay debts and go into C&M while others must accept any terms just to meet payments on interest on loan.
Like I said, every lithium miner have problems. Solve yours first before concentrating on others.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held