noting that this offtake has yet to commence and is for an unknown amount of material. in addition, ASM has said that they don't need additional raw materials supply to meet their requirements in 2024 (info as part of VTRE update) and that the plant is doesn't need to be upgraded beyond 600tpa capacity in 2024. not really moving the dial here for supposedly critical materials / diversifying away from china.
just say 300t of ndpr @ 80,000/t = $24m USD revenue and say 300t of ndfeb @ 50,000/t = $15m USD revenue
total revenue 39m USD gross margin 35%? = 13.65$m other costs = between 10-15m? KMP Profit = -1.35m to 3.65m USD
i think this aligns with what the company has said about 600tpa being around breakeven
ASM Price at posting:
$1.53 Sentiment: Hold Disclosure: Held
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