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20.0% 0.3¢ morella corporation limited

Ele, No bonus there as AJM don't have have any Iron Ore anymore,...

  1. newbie thomas
    426 Posts.
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    12/06/15
    09:36
    Post #: 15454275
    Ele,

    No bonus there as AJM don't have have any Iron Ore anymore, I recall that they now have a royalty stream that doesn't kick in until around $95/tonne - so given the IO outlook is unlikely to every realize any funds to AJM.

    Newbie Thomas
    Last edited by newbie thomas: 12/06/15
    AJM Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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