Can anyone do peer group comparison and give an idea of what the ore body is worth to AJM, looks like someone intent to sell down further... 26 years of spodumene 220ktpa surely worth $200 million AUD alone regardless of the debt. Do PALA have a clause that if the company falls below the debt held against it they can take control in lieu of payment!? Just doesn’t make much sense when PLS are worth over $1 billion and considering we seem to be cashflow positive...
AJM Price at posting:
10.3¢ Sentiment: Buy Disclosure: Held
