ASM 3.77% 82.5¢ australian strategic materials limited

Ann: ASM signs three-way MOU with VTRE and Blackstone, page-12

  1. 7,518 Posts.
    lightbulb Created with Sketch. 6772
    Funny how little chat on this there is. Clearly the market is taking this, combined with the language of the Appendix 4C (as I did highlight - 'when' not 'if' negotiations are concluded) as a signal that more offtake agreements coming. $1.18 to $1.60 in days since. Clearly this was a significant price catalyst.

    I suspect we might even see $3 by year end on a couple of larger offtake agreements with significant companies.

    The silliness of late 2021 does not make that an entirely unlikely prospect.

    GLTAH, its been horrible for many 2022 buyers.
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.