I think lithium sentiment is starting to turn.
I see AJM unfortunately being tied to the unfortunate sentiment of late, but really it shouldnt matter. We have amazing projected fundamental financials. We could be selling plastic or wool, it shouldn't matter, we have offtake agreements in place for our product for years ahead and apparently other offtakers waiting to get involved. So, the way I see it, we need to clear the waters by confirming the project financials.
1. Sale price $/tonne for 6%
2. Grade, hopefully 6+ % (bonus $ for extra Li content)
3. Cost of product, won't know until we hit nameplate
With these confirmed, stage 2 and new offtakers should add a lot of value onto a solid foundation.
Sentiment should take care of itself. More and more articles are coming out saying demand accelerating faster than predicted and outpacing supply. GLTH
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Last
0.3¢ |
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Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
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121 | 181496973 | 0.2¢ |
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Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
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