My post is my position and opinion that's all have you considered future financing/dilution and furthermore PLS wont be 2 miilion tonnes throughput IMO.
There are many ways to raise credit in mining but as an example in respects to financing gold operations banks lend on reserves at around 15%, of those reserves, which one could speculate when it comes to money size does matter.
Binwood i am not in any way down on AJM, plus respect your comments and have been here since 3c days just don't post much but originally thought AJM would hit 40-50MT in the future but didn't eventuate as Blast forecasted some 9 months ago.
Since then my thoughts/calcs which are only my opinion are 3.75 to 1.
AJM Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
