GXY 0.00% $5.28 galaxy resources limited

AJM is a great asset! The mining team have hit the boards...

  1. 8,141 Posts.
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    AJM is a great asset! The mining team have hit the boards running and for a new operation are putting PLS to shame. On paper the mining ops side is very good.

    I would buy AJM tmrw if they had the Debt sorted with an agreement in place closer to 5%, not current credit card rates that runs out in Aug 2020.

    The trouble is a black swan event in the credit markets and its all over red rover.

    This needs to be sorted quick! Closer it gets more likely you move to Porn Broker rates.

    Im fine missing the rise to 15c on debt announcement.

    I wont invest with no decent announcement on debt.

    Last edited by GARETH78: 07/11/19
 
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