picking up AJM, if the opportunity becomes available, would be a good move imo. AJM however would be in a slightly different situation that a40 is in now. Its the staggering debt, not something that GXY could take on, ie buy. Even if they did, the risk would be enormous, not worth it...
Buying their assets ie mine and plant, if no one else wants it, would be a good thing, therefore conserve that cash GXY and dont pay cash for a40 just scrip..
GXY Price at posting:
$1.16 Sentiment: Hold Disclosure: Not Held
