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8.2¢ alliance mineral assets limited

A40 price action, page-276

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Un1qu3Nam3

2,271 Posts.

239

01/03/19

20:47

Post #: 37626497
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Originally posted by Wilma85 ↑

I don't think there is a capper. I think our SP is where it is because of a poor December quarter and the Burwill offtake being renegotiated.

Until we secure a second offtake partner, and assuming that terms are reasonable, I don't see that we can get to being cash flow positive. Simply being in production isn't enough, we need to be profitable. Once we are profitable the SP will take care of itself.

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I'd say this is capping...

A40 Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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