Looks like management are cutting it fine with payments falling due soon, sad to see AGO struggling, perhaps that is feeding into AJM's current weakness too.
Other than the loan repayment it looks like cash burn is around $1.5 million per quarter with around $5 million in the bank, so not too bad.
AJM seem to be becoming an ever more leveraged IO play. This is very lazy of me but can anyone clarify when AJM will start to receive income from Mt Webber, and at around $20/tonne profit how many tonnes will our allocation/profit be?
Looks like management are cutting it fine with payments falling...
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