sounds like more of a BSX / VTRE focused MOU. ASM only involvement seems through co-investment or offtake, share price barely nudged upwards in response. seen ASM sign a few MOUs in the past with no outcome, hopefully this is different.
Areas for Discussion • Potential collaboration between Blackstone and VTRE for the purpose of securing mining licences for REE deposits in Vietnam. • VTRE having access to Blackstone’s pilot facility at BPNM to research and develop new technologies for the beneficiation of REE concentrates. • VTRE and Blackstone sharing information and knowledge on permitting and licensing in Vietnam to assist in their respective refining activities in Vietnam. • Potential co-investment by Blackstone, ASM and VTRE. • The parties exploring long-term offtake agreements
the only proper three way involving ASM recently has seen shareholders in the middle with ASM management and executives on either end.
ASM Price at posting:
$1.18 Sentiment: Hold Disclosure: Held
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