ASM 6.36% 58.5¢ australian strategic materials limited

ASM Chart Thread, page-6805

  1. 115 Posts.
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    Hey guys,
    I have quite a lot of ASM shares from the beginning. I don't like the drop in the share price as well, as I also loose (book)-money. Even I also believe in shorting, I suspect that most of the posts/conspiracy theories about shorting (who, what, why) are so-called "Nebelkerzen" (topics mentioned and heavily discussed - leading away from the main topics).

    The main topics are:
    x We are late in all promises!
    x We only produce (if we produce at all!) at the KMP only half of the tonnage as forecasted last year!
    x Normally producing at a decreased productivity, you are not on the optimum consumption path -> production cost are higher? Fixed cost also increase dramatically!
    x Half production means: problems are somewhere imminent! Timeline to solve the problems!
    x Is help required to solve the problems?
    x When do we get a first revenue, at which cost of the product?
    x Long term delivery contracts?
    x Is HEC a real partner - typically the mentallity there is: win-win for me - loose-loose for the others!
    x Development of Dubbo is still far away

    As I am in the metallurgical plant building business for more than 30 years, I think I know what I speak about. We should get more answers to the topics above. Then we can forget the posts about shorting. We need to take off the pink sun glases. Let's face it: at the moment ASM is a big balloon with a lot of hot air - all the promises need to be converted into facts, otherwise the balloon explodes and we have nothing!
    CB

    DYOR


 
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