I've been following AJM since about 17 cents (doh!!!!) - mind you I can't complain as my other Li stocks have done nicely.
I've been dic#*ng around trying to buy AJM since about 25 cents - just missing out in each slight move up. Being on a course and out of the office didn't help either - I hate that!!!!
Well today I decided enough was enough and paid up - 100,000 at 29 cents.
It hurts as I should be well up had I just have bought on market over previous weeks. However I see AJM as a 1 Billion+ market cap company based on successful execution of their stage 1 plant. That doubles to triples my money from current levels.
Then there is further upside depending on any fast tracking of stage 2.
A lot of things need to happen and the commissioning needs to be smooth - and there may even be a retrace or two along the way. But there seems to be good medium-longer term value here. More value than several other companies in the space in my humble opinion.
I don't see why AJM can't follow the blue print GXY has laid out for them and achieve similar results.
GLTAH and happy to be a "part owner" with you all in this exciting time for Lithium and related stocks in what should prove to be a very long and sustained change in stored energy.
PLS Price at posting:
83.8¢ Sentiment: None Disclosure: Not Held
AJM Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
