So from this presentation if ASM Dubbo has an indicated NPV of around 1.18 Billion USD which more than supports the current capitalisation of AUD $959.80M @ $6.65 the question becomes how much discount to apply to uncertainties and how much premium to apply to other aspects of the business. ie Production plants in other countries as per the long term plan.
Is patent protection on processes likely to be recognised by the Chinese particularly where they are so heavily invested in maintaining leverage and a majority position in rare earth processing and supply? Perhaps one ASM advantage is the illustration that Germany's dependence on Russian energy supply despite all other factors will mean that western nations will need to preference non Chinese supply chains even at a financial cost.
DYOR and enjoy the roller coaster.
(20min delay)