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0.00% 3.3¢ morella corporation limited

everblu capital – 29 april 2019, page-28

  1. Dr_Manhattan
    2,164 Posts.
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    01/05/19
    13:25
    Post #: 38352658
    Well A$500/t could make sense if you remember that AJM stated that its aiming for two shipments a month of 8Kt ( total of 48kt) in the June quarter for a projected quarterly expenditure of 20 mil. That would be even lower at A$417/t. Supposedly they are over 14kt/month output now. We will see.

    I don't put much value in those broker reports either.
    AJM Price at posting: 11.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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