ASM 2.51% $1.02 australian strategic materials limited

While I am very happy that the company is being more transparent...

  1. 569 Posts.
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    While I am very happy that the company is being more transparent regarding timelines and agree the KMP timelines are promising, I am very disappointed that the timelines for the DP are slipping and first production and revenue is so far off, four years is a long time. To be truthful I do not even know I will still be alive then. Back in May last year the indications were that production would start in 2024. This timeline change is quite large.
    https://hotcopper.com.au/data/attachments/4794/4794820-941d6b70b95b245ffcb3d4a61f4ab4de.jpg
    I probably will still take part in any rights issue mainly due to the KMP and the potential for other metal plants but was really hoping to have the DP come on line in 24/25.
    Hope we get lots of positive news regarding offtakes for the KMP and successful commissioning in the next six months.
    Last edited by RabbitTrap: 31/10/22
 
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