ASM 0.00% 50.5¢ australian strategic materials limited

Relevant Media, page-1266

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    So if I understood this correctly, we currently have 2,200tpa plant finished and producing while moving towards the 5200tpa by the end of the year. Is that right? If it is, then we should start to see some small revenue coming in on our next quarterly results. From my calculations, we should see somewhere between 300-350t of metal produced for the 2 months of this quarter. Metal prices have increased substantially since the below figures were published. I expect next year we would be getting close to AUS100m NPAT. That should finally put a solid floor to our SP around the $10 mark, without taking Dubbo into consideration. In the mean time though.......we are at the mercy of the shorts.


    https://hotcopper.com.au/data/attachments/4322/4322157-61b4a8ae90a652fa76f0af3ab6eadd8f.jpg

 
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