A40 0.00% 8.2¢ alliance mineral assets limited

MM I assume by AJM gang you are referring to me as at the time...

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    MM

    I assume by AJM gang you are referring to me as at the time of your post I was the only one who had replied.

    So I said in essence:

    1) I would not buy nor sell ANY junior lithium play until the quarterly's come out.

    2) I think that A40 may go down more in coming days but I do expect it to recover

    3) I think that A40 is now/or will be oversold.

    4) Applying RIO/BHP P/E ratios for ANY of the juniors is overly optimistic

    5) Having said that they should become profitable and generate a handsome dividend for a few years and be worth a few multiples of where we are now.

    Which bit did I get wrong and where have I denigrated A40 and promoted AJM?

    Cheers

    Newbie Thomas
 
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