Originally posted by captjohn
The new A 40 AMAL' ..........should finally come out from under the Radar. (what a drama its been for 6 months...)
another shipment from Esperance this month should do it !
AMAL a pure Lithium producer almost cash flow positive...little or no debt & can start aggressive drilling now to expand resources & LOM.with lots more news helb back during merger.
The big Brokers with Analysts will run the ruler over AMAL quick smart...With MC at $430 M...& increased liquidity should see new institutions taking positions for the future.
On the downside sorry to see AJM still in downtrend. to 17 cents......presume its the looming cap.raising reqd. good luck in this climate.
Yes certainly looking fwd to monday to watch A 40 action again....
Mark C & management can finally have a well earned xmas break .
https://hotcopper.com.au/posts/36831541/single
This would suggest no capital raise for AJM is currently needed, also that AJM have now stated that they are cash flow positive.
Originally posted by captjohn
The new A 40 AMAL' ..........should finally come out from under the Radar. (what a drama its been for 6 months...)
another shipment from Esperance this month should do it !
AMAL a pure Lithium producer almost cash flow positive...little or no debt & can start aggressive drilling now to expand resources & LOM.with lots more news helb back during merger.
The big Brokers with Analysts will run the ruler over AMAL quick smart...With MC at $430 M...& increased liquidity should see new institutions taking positions for the future.
On the downside sorry to see AJM still in downtrend. to 17 cents......presume its the looming cap.raising reqd. good luck in this climate.
Yes certainly looking fwd to monday to watch A 40 action again....
Mark C & management can finally have a well earned xmas break .
