ASM Chart Thread, page-7178

There are a lot posters who are in denial about missed company deadlines and broken promises. Here are some examples:

KMP has progressed more slowly than initially stated particularly to the 5200pa rate and the expansion to 18,000tpa which was part of the scoping study hasn't been even mentioned for a year.

Korean consortium funding was meant to be locked in last Christmas. It's still remains incomplete with altered terms.

FEED study isn't finished. In fact it hasn't even started!

Absolutely no progression on Dubbo funding despite huge achievements by rivals such as Iluka and Lynas.

But most startling of all is the absence of offtake agreements for the metals particularly nd/pr which I supposed to be experiencing white hot demand!

So don't blame shorters. The company have disappointed the market numerous times. Let's hope we get meaningful revenue fir the KMP for this quarter. I believe in this stock and still have a large holding but am really doubting management's ability to execute ATM.