Well AJM holders could be in the same boat come Wednesday...
I really hope that they are within ballpark or under for quarterly costs. As I’ve said before, it’s a calculated gamble.
I also wonder why Shanshan got the placement last week. The timing is just curious. Was it just to top up to 19.5% which they missed out on when JRO sold on market?
I agree with the Zincferious... nefarious... announcement.. it’s a bit of a red herring. It doesn’t mean much, it’s non binding.
I m also left wondering if Ganfeng asked PLS to reduce volume because they knew PLS could handle reduced income, while AJM can’t. All offtakers still taking AJM offtakes with no sign of reduction.
In saying that. All it takes in one announcement and it all goes to sheet.
But I hope I m not being overly biased to the risks evident... high risk.. high rewards...
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