1MC 20.0% 0.3¢ morella corporation limited

No announcement for the 60m+ shares traded a few weeks ago, page-5

  1. 92 Posts.
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    Hello All,

    The timing happened to coincide when people made a decision to participate in the capital raise or not. In my opinion it was a pump and dump to get funds.

    How much is the shortfall?

    Will AJM trade above 6 cents now that people have allocated funds?

    There has been no active positive movements in the company.

    We still do not know what the operating cost (only the mining and transport side that AJM repot) + capital sustaining costs (eg. what you need to spend to keep the plant functioning year on year) + royalties (not reported by AJM as part of costs....) + overhead (head office is not associated with production costs according to AJM) + insurance and shipping cost to china.

    What is this cost.

    I have been selling shares at high 6s. Thank god. I feel better reducing my exposure to AJM. I do not have much hope for the future here.

    Any opinion that is not totally ramping is slandered, attacked and vilified. I find this whole experience here disheartening.

    I look forward to being out of AJM and putting this tragic period of my life behind me.

    Pink.
 
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