Bro, ASM will cost more than double to get things going at 2027 at the earliest (and arguably ARU is in the same boat). 2 billion plus CAPEX and counting at the last count. I have a basic knowledge but it seems that all developing projects are adjusting costs upwards as the world is slightly mad at the moment with skyrocketing borrowing costs, sector wages etc. The fact that they have managed to inch forward with funding is still a positive in this current climate. So 130 million or thereabouts to raise before construction. Little steps forward is better than none.
You write good but persistently negative stuff, and seem to spend a heck of a lot of time analysing a stock that you do not own and don't want to own. It all seems very odd to me. Just my two cents. No offence intended.
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