ASM australian strategic materials limited

Ann: ASM receives US$600M ($A923M) Letter of Interest from USEXIM, page-81

  1. 459 Posts.
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    I thought it was around AUD $700-800m in total that is required now?

    The US investment today has been the best marketing tool for the company to date, hands down. It will put a lot of weight behind Dubbo and the viability of the Korean plant. It's a big fat reference that ASM can now use to negotiate with other parties and secure other funding.

    It's glorious.

    I'm still way in the red but I have a bit more certainty around the long term viability of the company.
 
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