Ann: Annual Report to shareholders, page-3

Wow.

Three upvotes and one comment. ARU has gone from being the next best thing of retail shareholders affections to the bin - the share price decline not unrelated. There are new items in this report. Its late versus expectations from the original contract noise, but for example:

"As USARE progresses the commissioning process of its Stillwater facility, ASM anticipates that initial supply will commence in Q1 2025, aligned to USARE’s commissioning and rampup timeline."

Some might recall USARE's plans to "target initial production of 1,200 tonnes of high performance magnets per year, ramping up to 4,800 tonnes.". ASM providing the majority of that according to released guidance.