ASM 4.69% 67.0¢ australian strategic materials limited

Tough crowd! But then the share price explains the scepticism so...

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    Tough crowd! But then the share price explains the scepticism so understood. For me the presentation was quite reassuring. Confirmation that all is on (admittedly slow) track re KMP offtakes and feed supply offtakes to soon follow on a back to back arrangement. Further mention of new metals plants in both Europe and the US. Dubbo flowsheets being further de-risked and optimised for lower Capex/Opex and new products also. Very close now to an end to end supply chain ex-China and when that is established the $$ are set to flow in - Dubbo debt funding already accounted for - likely for some government support to the equity side of the equation also.
 
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