AJM may well be the next BCI as it prepares for the beginning of receiving their share from Mt Webber. Atlas does all the work and financing with AJM set to receive its share of profits hopefully increasing from the expanded scope of the mine to 6 mtpa.
Once they start receiving their share (after paying the development costs) the similarities to BCI are there, On top of that they are diversified and can pursue other investments without recourse to debt...
Excellent opportunity provided the IO marked steadies...
Good luck to all holders and future holders who take the plunge.
Maybe a joining forces with BCI would be a possibility.
AJM Price at posting:
18.0¢ Sentiment: ST Buy Disclosure: Held
