ASM 2.52% 77.5¢ australian strategic materials limited

Ann: Trading Halt, page-68

  1. 1,558 Posts.
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    Boys n Girls
    Now before I give you my take on it I will try as factually as I can advise where we were when the plant was to cost $1.2 B USD.
    THEN the plan 2 being :-
    1) Build the main infrastructure being acid plant and power gen ( remember acid plant waste heat recovery )
    2) build the balance of plant in 4 trains
    Note 2 trains have one ball mill ( Crushing n Grinding)
    with two flotation trains with an add on circuit for seperation of Zr &Hf
    The total bill then was $800M With St 2 being another train for some $600 M
    Now we have a metalisation plant being built in a modular style, smaller, cleaner furnaces my guess is VDREAF
    (Vacuum Degassing & Refining Electric Ark Furnaces)
    these again are in trains my guess is 5 or 6 to a train that is completely scalable.
    So now we have fully scalable ore processing and Metalisation
    Now for the projection:-
    Acid Plant and Power Gen BOO Build Own & Operate
    Caching -$ the proverbials
    Now for the trains
    Like How hard to fast track ??
    Now we have some high level polly talk one smart Korean vs One glory seeking happy clapper who has sold his soul for Da vote!
    Pounds to Peanuts the processing plan
    will be fast tracked on a scale never seen.
    Anyhow thats how I see it
    maybe miles off mark
    I have done my research and that is what I see
 
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