1MC 2.27% 4.3¢ morella corporation limited

These are the facts. 1. USD debt due August 2020, 12 months and...

  1. 171 Posts.
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    These are the facts.

    1. USD debt due August 2020, 12 months and counting...

    2. Interest payments due in Sept quarter, growing at $75K a day.

    3. PLS apparent cap raise due to customers not taking contracted volumes.

    4. AJM is arguably in a worse financial position than PLS, and PLS is potentially exhausting liquidity available for the sector. Get in early as they say.

    5. Macro environment worsens by the day, and spodumene pricing continues to fall.

    All my comments and posts to date have been 100% accurate and substantiated by AJM's own announcements where applicable.

    All of your comments have been emotive and dismissive of fact.......so yeah, my Mayday call stands.

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