From what you’ve just said, basically backs up what I said about them not being in a rush to show their hand.
The Scrutiny and Precarious state of affairs you mention is why the management team will continue to be conservative during this time. Perhaps the opportunity to come in bullish at the last second when the right window opens, and we know they got the dollars in hand.
They can’t be clear to the market to announce their strategy right now or that gives away the angle they are no doubt playing…like a game of chess. I’m sure they are clear internally though.
Fact of the matter is that during the last AGM it was clear that a priority for A2M was to sure up supply and hold their own SAMR to minimize risk. This could be that opportunity via a few ways. Who knows?
A2M Price at posting:
$6.10 Sentiment: Buy Disclosure: Held
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