Sourcing components from the USA for the plant is consistent with what BBB has said on a proactive investors video, due to DoE funding and logistics.
On another note, all this nonsense that ASN will end up like LKE is unfounded.
ASN vs LKE
- close proximity to utilities
- re entering of wells, previous mining industry operated there
- proximity to skilled workforce
- proximity to battery plants and car manufacturers
- Sunresin process derisked, operating across multiple projects and getting continues to be signed up by peers
- Hydropower ESG aspect
- Able to access IRA
- conservative BBB, current market cap under 200 mil
Lets see if we can have a stabilisation of the share price today or even a bounce back
ASN General Discussion, page-12404
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