Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-50

I thought the quarterly read well, ASM like the rest of the sector bashed due to metal price declines. I like Page 4 as per below, a deal will come it's just a patience game.
This is the sector ripe for consolidation, we all know the metals demand is increasing over the next few decades.

Project offtake and fundingDuring the Quarter, ASM broadened its potential offtake and strategic partner discussions to include new parties and jurisdictions. Face-to-face meetings were held with potential offtake customers and equity partners across the USA, European Union (EU), Japan and Korea.Government policy pronouncements in the USA, EU and Japan during the Quarter, saw increased awareness and interest from Tier 1 manufacturers and businesses from across the electric vehicle supply chain in these jurisdictions.Discussions covered the complete product suite from oxides to metals and alloys and, in some cases, the potential for equity investment. Follow-up discussions included a number of site visits to the Dubbo Project and Korean Metals Plant.These discussions build on ASM's long presence in Korea, and the MoU signed last Quarter with Japanese trading house Marubeni Corporation4. They provide increased opportunities to progress the funding and development of the Dubbo Project.