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93.0¢ australian strategic materials limited

There is a very good photo of the bridge on google maps, looks...

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btw

212 Posts.

09/08/21

15:31

Post #: 55144900
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Originally posted by rbohlsen: ↑

Correct. I follow the rail scene so here are a few of my opinions - note not advice.
I think that ASM will only use a short branch line type operation to Dubbo. There any rail movements will be hooked on to an established train of a current operator. I believe that the steel beam bridge over the Macquarie is sound but two timber trestle structures are beyond repair. Concrete beam structures to replace these are a routine operation.
ASM may operate this train themselves or connect to an operator such as Southern Shorthaul (SSR)l.
My suggestion would be a battery powered locomotive based at the works doing a couple of return trips to Dubbo each week and any shunting needed at Toongi.
I believe that the freight needed by the operation would be of the order of about 5-6000 tonnes per year which equates to 1000 - 1200 tonnes per week. It will all be containerised final produce.
The main inward freight will be sulphur for the acid plant and chemicals for the SX operation.
RB

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There is a very good photo of the bridge on google maps, looks in very good condition, piers and spans

ASM Price at posting: $8.33 Sentiment: Hold Disclosure: Held
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Last 93.0¢		Change -0.020(2.11%)		Mkt cap ! $168.4M

Open	High	Low	Value	Volume
95.5¢	96.0¢	93.0¢	$323.4K	340.9K

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No.	Vol.	Price($)
8	25733	93.0¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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1	10869	0.920
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Price($)	Vol.	No.
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0.950	3571	1
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Last 94.0¢			Change -0.020 ( 1.07 %)
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