I like this demerger a lot as it finally allows both arms of ALK (gold and REE) to forge their own paths and realise the true value that to now has been hidden. I cannot imagine the demerger not being approved and we will all have an equal share in ASM as we do in ALK from mid July 2020.
Check out the new website if you have not already at www.asm-au.com. Very impressive.
I don't believe many know that ASM is a lot more than just Dubbo. Assuming the pilot plant performs as expected (due to be commissioned next month) then the ability to output metals rather than oxides, at half the cost of existing processes, is a true gamechanger IMHO. And ASM has global licensing rights to this process, not just for Dubbo. This is a revenue generating opportunity regardless of what happens with Dubbo!
Extract from the website below;
- Forums
- ASX - By Stock
- ALK
- Ann: ALK and Aust. Strategic Materials progress towards Demerger
Ann: ALK and Aust. Strategic Materials progress towards Demerger, page-2
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