Media Coverage Relevant to AJM, offtake partners and major holders, page-386

Back in July 2019 Jamie Wang, an analyst for Greater China Industrials & Materials at Nomura International ....(NB the same Nomura as the one holding notes on AJM’s debt, and a swag of shares to boot here?) was reported as saying debt repayments were expected to be more than half of Tianqi’s gross profit;
...In November it owes US$1.9 to lenders who staked it in the SQM purchase [see Reuters].

Here’s Wang’s comment and the link;
cheers

https://www.spglobal.com/marketinte...ors-digest-recent-deals-analysts-say-52600415
.. “.After the SQM transaction, Wang expected Tianqi to focus on lowering its debt pressure and expects its profit will be hurt this year by an increase in financial costs, with interest payments estimated at about 1 billion Chinese yuan.
"It represents more than half of their gross profit," Wang added.“