mate AJM is cash flow neg by a truck load mainly due to $190m debt with interest compounding so ramp up production and flog equity off at the bottom of the cycle all you like.
but hey what ever tickles tickles your fancy.
industry consolidation is required. GXY is not prey.
A40 and AJM are.... fact
PLS may get through if smart.
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mate AJM is cash flow neg by a truck load mainly due to $190m...
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