Ive been shorting AJm for a long time, the only thing that will change,
is the Holdings of JRO - Down
the Offtake qty by JRO, - Down
the Spodumene price - Down and
AJM SP - down
AJM debt - up
There will be issues with the "Floor price" when Spod drops significantly below it.
There will then be an issue with offtakae partners and pricing and acceptance of shipments.
As is alwasy teh case when a comodity squeeze happens, margins get squeezed and poducers start producing for a loss.
All in my opinion of course.
But hopeflly not and you get the rocket ship you guys are after as LT holders of AJM
( this is just my opinion.)
Share price discussion, page-496
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