ASM 1.01% $1.01 australian strategic materials limited

Ann: Annual Report to shareholders, page-5

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    Did not realise ASM has a loan from ALK of $114 million. This must be the money spent by ALK for research property purchases etc. It will be interesting when ALK will request this back. I suspect it will only occur when ASM is much further down the track and they are cash flow positive.

    I wondered about the time and money they had spent prior to the spin out.
    Last edited by RabbitTrap: 09/10/20
 
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