AJM 0.00% 7.0¢ altura mining limited

Ann: Extension of Voluntary Suspension, page-7

  1. 1,257 Posts.
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    Good deal on the way IMO..

    AJM mgt already spent a few months talking to the existing lender last time. I am sure they are not spending the same time again discussing the same deal. Multiple parties on the table and hence takes time.

    As a holder happy to wait for a good deal. A small increase in the interest % is a few million extra payments, hence longer negotiations are worth it.

    More than refinance with possible stage 2 finance in possible discussions.

    Also, this extension gives a few trolls to speculate on AJM going bust..Not a bad thing as it keeps their empty upstairs occupied..

    Good news coming soon..
    All IMO and pls DYOR
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