ATM there’s the chance of another metals plant, the remaining funding, and new off takes and ramp up of the KMP, being finalised by the end of the year… this is the best possible outcome we could have hoped for. If the macro swings in favour, and materials prices rise with a new growth cycle in rare earths, then there will be no stopping ASM.
At least we can say that the bottom is in at last, either way I will be continuing to buy more shares below 1bn MC, we are still firmly in bargain territory, get ‘em while they’re cheap!
ASM Price at posting:
$1.47 Sentiment: Buy Disclosure: Held
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