She stated at the AGM that they are looking at ways to reduce capex and thats exactly what Hyundai are doing as we speak 1). potentially having a modular approach as they scale 2). possible outsource part or parts of the plant to a 3rd party and build a services contract into it.
She also said that the $200million Export Finance Australia have committed to could grow as they are the body that have been given the additional $2Billion from Albo to distribute accordingly.
I have mentioned previously that based on Optimisations study in 2021 where Hafnium was priced at about $1100 per kilo is now worth over US $5000kg alone they would pick up an additional US$125million per annum straight in. The study forecasted 30Tonne per annum or 30,000kg. Nice addition to the financials
ASM Price at posting:
$1.55 Sentiment: Hold Disclosure: Held
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