ASM 7.52% 61.5¢ australian strategic materials limited

Ann: Corporate Presentation, page-60

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  1. 5,595 Posts.
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    Ranga, I speculated a week before the Capital Raise that they would raise as they would need to bolster their working capital to attract offtakes. Just because I was right and just because you are rational and even because that is their intention does not make it so. I find it perplexing that the company will secure feedstock inventory to accelerate offtake marketing, which may not result in anything yet putting that feedstock through the KMP immediately for sale on the spot market is totally out of the question.

    Also what happened KOMIR, were they not meant to supply feedstock at least for Korean domestic production.
 
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