My credibility on such a forum is as important as yours is mate - worth nothing.
That being said, you are right, I was wrong - I'd seen the 13 year figure but that was stage 2 at 400,000tpa+.
In terms of cost, it is indeed speculation but no way in hell AJM are achieving that total cash cost figure of $428/t. Blind freddy can see that.
That being said, I think they are grossly underrated once they get their house in order and gradually pay down debt.
if they were achieving that cost, they would not be burning through cash so fast. That cost is not all in cost of sustaining their operations. And they dont have an excuse that they are downsteaming or developing other assets.
Anyway, enough said about another stock on this forum.
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