That's the positive side of the story , the increase in the Metal Prices .
But the "balance of that story"...is the fact ( likelihood) that the oxides or concentrates from which the metals arise , will have risen in price as well !
Additionally ....even tho the Metal Plant has been delayed in construction , it is making significant progress , and is due to be commissioned by year end ...TWO MONTHS AWAY !
That then raises two questions :
1) the availability of raw materials on site , to start and then ramp up the commissioning . There is certainly lack of detail in the Quarterly , other than "these discussions on raw material supplies have been progressed "! The widely circulated conversation of Ship Freighting delays , means that we don't want a Plant without material ! Not saying it will happen , but would rather see much more detail that it is /has been resolved .
2) which drives into the question of the pilot plant ! It was due to be re-contructed on site with the bigger plant , and operate in support and to provide ( modest) cash flow and /or marketing material . Where are we at with that ....is it recommissioned and operational , and or awaiting raw materials ??
Not doubting the progress --just think much more substantial information on a few fronts is necessary .
- Forums
- ASX - By Stock
- ASM
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15
-
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASM (ASX) to my watchlist
|
|||||
Last
47.0¢ |
Change
0.005(1.08%) |
Mkt cap ! $84.27M |
Open | High | Low | Value | Volume |
47.0¢ | 47.0¢ | 47.0¢ | $4.583K | 9.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 10294 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 1057 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10294 | 0.470 |
4 | 46916 | 0.465 |
1 | 4800 | 0.460 |
2 | 6385 | 0.455 |
6 | 49372 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 1057 | 2 |
0.485 | 507 | 1 |
0.490 | 19000 | 2 |
0.500 | 25000 | 2 |
0.510 | 2000 | 1 |
Last trade - 10.00am 12/08/2024 (20 minute delay) ? |
Featured News
ASM (ASX) Chart |