Nothing new....bar a small growing list of corporate offtake partners on the Korea Plant slide!
Hate to be a stickler on grammar, but shouldn't it be Dubbo 'to' deliver strong financials?
Sold some $2.19's suspecting it would revisit $2.25 and do the usual gap drop after. Happily picked them back up today at $1.79. Now just wait for the next offtake announcement and back to $3 we go, $4 if its a big boy.
This stock was sold far too low at EOFY and the value of the Stillwater contract goes far beyond its individual contract value. ASM supplying some 60% to the first and, for a while, only commercial scale RE/RM processing plant in the US? That's massive. Korea, Japanese and European contracts will follow eventually. Geo-political strategies aren't terribly original.
ASM Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
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