ASM 1.01% 98.0¢ australian strategic materials limited

Ann: Exclusive Heads of Agreement Signed with Hyundai Engineering, page-66

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    I suspect there are alot of moving parts to this e.g. the completion of the second stage conditions of the framework agreement and then the establishment of the MagnetCo Fund. MagnetCo Fund will be our counterparty to the offtake agreement to sell the neodymium oxide but they need to develop the offtake on their side in order to sell the product.

    We all need to have some faith, sit back and watch the share price do its unpredictable dance.
 
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