When I bought Ajm two years ago I had faith with managements, Though we still have the same good managements, the situation has changed. The indonesian coal supposed to start at 2012 and now nothing happen? The iron started but the price is down? The lithium seemed to be slow to find the off take partner? And so on! Lots of delays and the share price fluctuated! However looking at the present situation it is outside managements controls regarding permits and prices. No one knows for sure what will happen in future? For me I still have faith with managements and hopefully there won't be any cash issues for we are starting to get cash from mt webber. With good captains steering the ship I feel more comfortable with the adverse weather condition at the moment and believe that we will get through to our destination safely and happily!
AJM Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Held
