ASM 2.35% 87.0¢ australian strategic materials limited

Ann: SCOPING STUDY DEMONSTRATES FEASIBILITY OF METALS PLANT, page-15

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    @Geenius concise summary, those were my main takeaways too + the small capex & 1yr payback.

    The fact they are sourcing ore from strategic partners with no Dubbo feed, really shows the large capacity to improve economics when that comes on line. As some have previously suggested though wouldn't be surprised to see Dubbo hived out into its own separate entity particularly given the expected large capex on Dubbo versus low capex on metals plants. Will leave this in managements capable hands to make the right call, they have been faultless to date.

    Very encouraging announcement. All steam ahead.
 
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