Liquidity will not be a problem once Dubbo is built. The report has to mention those risks by law. It's an obligation!
The REE requirements for the world to transition to sustainable energy are enormous. Don't confuse good debt with bad debt. This is not a tech startup wanna be company. Dubbo has products which will be in very high demand for decades to come. This will be the oil of the future!!!
And while we are talking debt figures, here are some figures from other companies which show that debt is good as long as your products are required. ASM will join this list in the not too distant future.
BHP ==> $2.03B
Evolution Mining ==> $1.61B
Mineral Resources ==> $1.33B
Newcrest Mining ==> $1.7B
Northern Star Resources ==> $623M
Rio Tinto ==> $13.5B
South 32 ==> $1.14B
Fortescue Metal ==> $4.62B
Ann: Half Year Accounts, page-44
Add ASM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
52.5¢ |
Change
0.015(2.94%) |
Mkt cap ! $95.19M | |||
| Open | High | Low | Value | Volume |
| 52.3¢ | 53.0¢ | 51.5¢ | $45.95K | 87.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 34103 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 73878 | 8 |
View Market Depth
| Last trade - 14.20pm 19/11/2024 (20 minute delay) ? |
| ASM (ASX) Chart |