@NikolaL thankyou, you are most welcome considering your...

@NikolaL thankyou, you are most welcome considering your knowledge exceeds mine on most things mining. I am simply focused on the language in announcements that support my opinion that certain events may have occurred in the background that would be considered material in nature and were not released to market or if the information had been it is not easily understood by shareholders to make a sound investment decision.

Your point on China is valid and I do not know if you are referring me back to one of my own posts Post #: 63682338 which contradicts my opinions now. So I do believe China could quite easily disrupt operations and that cannot be dismissed. This is why I believe the investing partnership in the Framework Agreement intended to develop Magnet Co, a separate fund to establish and develop a permanent magnet manufacturing business responsible for offtake agreements. Less visible and the KMP is a couple degrees of separation away from any fully fledged Korean transaction to supply Korean end users. Have the Chinese threatened sanctions on Korea if they produce magnets internally, unlikely, but possible. Have they threatened sanctions on Korea if they assist in finance for Dubbo, unlikely, but slightly more possible. But we are still proposing to get finance from the Koreans to develop Dubbo so ASM are not aware of those threats.

Also the tonnages are not there to be any real threat to China especially if magnet production is set to increase rapidly to 2030 and beyond and China turn to domestic consumption. This chart has China at over 100,000T and that was 2 years ago.


The language in the announcements do not point to an external threat IMO anyways for reasons discussed in other posts. KOMIR on the go slow for another reason IMO.

Yes they were committed to South Korea as that is where they bought into the IP. 5% initially then 100% with royalties I believe.

IG is not selling Alkane because of negative intel on Boda or issues with Tomingley IMO. No way, in fact, I would go as far as saying that he is pissed off about the whole situation. ASM need IG to stay professional, brush up on diplomacy and foreign affairs policy and lay the foundations for success in the US, Europe and Japan. In the case of South Korea, just get in there fast track the joint statement with KOMIR. We need to be inclusive, Rowena that is your thing, we cannot operate in another sovereign state and bypass an existing policy for joint efforts in achieving a domestic supply of magnets. That is just asking for trouble.

As I have said previously, ASM need to fast track joint efforts with the South Korean Government to achieve nameplate in 12 months. Diplomacy, knowledge and the partaking of expected custom cultural exchanges as well, that does not breach any ASM policy on corruption of course or Rowena will hunt you down and make you pay. Anyways its not corruption if its customary in that culture for lets say an increased level of service that is written in their fees and charges spreadsheet.

ASM need to get out of South Korea if they have no relationship with the Government. Maybe the 2027 MOU was a breakthrough from cold to warm, hence why it is listed as a strategic milestone. Negotiate a royalty fee and the use of the metalisation facilities when required and offtakes from Dubbo when ready and get out completely. No need to include a risk paragraph in the quarterly then on successful operation as the Koreans have that place pumping at full capacity quick IMO.

Do not treat retail shareholders like they do not matter, its rude. You cannot decide what information you release as you are bound by continuous disclosure rules and you cannot twist that information so that your legal opinion is that listing rule 3.1 no longer applies either. Information that a reasonable person would expect to have a material effect on the price or value of the entity’s securities must be released as we need to be able to review our options.

Thanks @NikolaL its the weekend and I will not be here, so happy days.