ASM australian strategic materials limited

Ann: Extension of LoI from Export Development Canada, page-2

  1. 3,875 Posts.
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    Good to see that Canada is still in the game and gives ASM options to fund Dubbo. Dubbo Stage 1 is looking like $600M of debt funding which could down two paths, given Canada and US not in the mood to 'share'. Canada's $400M + Australia's $200M OR US EXIM providing the whole $600M. I would say the US option is a clear favorite but having a Plan B will help in risk management and negotiations.
 
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Last
58.5¢
Change
0.015(2.63%)
Mkt cap ! $130.7M
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