I have gone to AJM as they are ahead of PLS on getting their mine to production at low cost and continue to ship all their high quality spod during this downturn with a base price in their contracts with Gangfeng and Shanshan who also is a recent cornerstone investor at .11 cents.
From my research on demand there will be a li squeeze in the next year for solid battery production meaning a higher quality li needed for VW group Tesla Shanghai etc AJM li meets those requirements as already been tested by Shanshan, largest cathode anode manufacturer in China.
Shanshan now have a member on AJM board who used to be at Greenbushes
Debt commitments can be met however the company has already said they will be refinancing.
This is the only reason for a price of .076.
Management are professinal western Australia miners with millions of their own money invested at .15 cents.
Cheers to all R
KDR Price at posting:
$1.90 Sentiment: None Disclosure: Not Held