i only caught about 10 minutes of the Q&A from somewhere in the middle, here are my notes:
rowena didnt directly address a question on what price they are getting for ndpr with NS World, apart from referring back to benchmark price, she didn't say specifics. she said benchmark pricing is pretty opaque and the pricing structure will continue to be developed. current production of ndpr does not use LK process (as per CEO AGM presentation slide) - that's not good...
a question on installation of KMP additional capacity to commercial scale - rowena said will occur 2H 23, dependent on customer contracts being acquired through 2H 23 and 1H 24.
a question on when dubbo will realistically begin construction - IG forecast that dubbo construction would begin 2H 24, however there was a lot of work to do.
a question on DW resignation, along with ian chalmers and the general counsel - IG said DW cited confidentiality for his reasons for resigning, but he is now at a different company (so read into that what you will). IC is still involved in the project as the 'competent person' on their reports and studies and steps in to help when required. ASM will hire a new general counsel, the one leaving received an offer 'too good to refuse'.
a question asked about KMP financial forecast - Rowena said the 40m USD EBITDA for KMP is based on benchmark pricing (i.e. the financial projection is not predicated on any dubbo feedstock, just market pricing)
a question asked about whether ASM should continue partnering with Hyundai given they have signed offtake with a rival REE company. unfortunately i had to log off and didnt catch the answer to this one
ASM Price at posting:
$1.72 Sentiment: Hold Disclosure: Held
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(20min delay)