What am I missing here , from any recent company updates ?
If the KMP was "technically built " , to use the new "green ' technology per the Pilot Plant :
1) How could it be used to use the old Kroll technology , which is an entirely different process and requiring a much different Plant CONSTRUCTION ?
2) If it was not using the process that they were building , it would have been required to be reported . Nothing in the last Quarterly to that effect ...and its a "material change" that would have to be reported under Continuous Disclosure Directors' Obligations !
Neodymium Praseodymium
Commissioning for neodymium praseodymium (NdPr) metal and alloy products drew closer to
completion this quarter, with positive results achieved.
ASM produced 6.5 tonnes of saleable NdPr metal, confirming our capability to produce NdPr metal. ASM
also successfully produced neodymium iron boron (NdFeB) strip metal alloy while commissioning the
strip caster. Commissioning of the strip caster will continue in the December quarter and is expected to
be completed this calendar year.
If there is some evidence "factually"that this isn't the case , can someone please direct me to it ?!
i freely admit I have been become very disenchanted with ASM , starting with the former MD "spinning" so much blue sky fairy dust for so long ( without material advancements to back it up ) ..and with the Board taking so long to cut that tie , and get back to factual developments !
(20min delay)