AJM is impressive company and it's managing director is a high calibre guy. He is the only managing director I have ever come across who talked about paying a dividend even before mine construction was complete. The ever come across extends back to 1968 when I bought shares of Broken Hill Proprietary.
The resource is in place and CHINESE battery makers are desparate for it. In 2 years time AJM will be fully capable of paying a generous dividend.
Good bids should re-rate the stock price but I hope there is no sale of the company. Right now bidders are sitting on the stock price to buy us cheaply. I keep buying these stock gifts that they insist on giving me.
Mr Brown has my full confidence.
Fairness will prevail
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