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75.0¢ australian strategic materials limited

It definitely takes too long but having the offtakes and funding...

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subi1

8,415 Posts.

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22/04/24

15:55

Post #: 73459982
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Originally posted by arsenic: ↑

When I look at the timeline 2 years from now 1.5 from the commencement of feed study to FID by Bechtel. I think what are they doing? Designing Aukus subs or Ford Class Carriers? Actually, I'm pretty sure the F35 and Ford Class carriers were designed and built faster than the Dubbo plant, design to FID (let alone build) and they are among the most complex designs around.

Having said that, I'd like to see how the Chinese go with their mag-lev. catapults. They too may have to walk the talk.

We need our own SkunkWorks. We certainly have the Skunks.

All IMVHO.

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It definitely takes too long but having the offtakes and funding will be a big thing.

I am hoping they will have substantial income from the metal plant/s well in advance of Dubbo starting production.

Last edited by subi1: 22/04/24

ASM Price at posting: $1.14 Sentiment: Hold Disclosure: Held
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Last 75.0¢		Change -0.025(3.23%)		Mkt cap ! $135.8M

Open	High	Low	Value	Volume
78.0¢	79.5¢	73.0¢	$419.8K	562.2K

Buyers (Bids)

No.	Vol.	Price($)
1	4907	74.5¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
1	4907	0.745
2	3006	0.735
8	31683	0.730
3	131500	0.725
1	5000	0.720

Price($)	Vol.	No.
0.750	5316	1
0.760	7500	1
0.780	39646	1
0.785	6000	1
0.800	29100	5

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Last 74.5¢			Change -0.025 ( 3.26 %)
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