Australia's largest stock trading and investment forum Australia's #1 stock forum

ASM

Click for more information

3.05%

79.5¢ australian strategic materials limited

Asm has 45 million in cash how much is the mext stage

First 32 Last

Share
Profile

Follow
Icecold85

1,199 Posts.

54

29/01/24

18:55

Post #: 72118331
Share

Originally posted by fup: ↑

KCF are definitely time wasters. well it doesn't cost them much to extend the agreement, maybe a few hundred in legal fees, and KCF might pull off a miracle so why not.

the main positive i took from the report is that Dubbo may be eligible for a DOE loan. could still be over a year away though so in the mean time they really need to get their shit together with finding an equity partner and offtakes.

the main concern i have is that they haven't mentioned anything regarding the next stage (stage 2) of the EPCD (stage 1 completed mid-2023). in fact the report doesn't even mention Hyundai. my guess is ASM can't afford to undertake the next stage of the EPCD because they dont have enough money to keep the lights on at the same time. if i recall, stage 2 required the bulk of the EPCD cost to be paid, around $30M? hope the relationship with hyundai is still good.

Expand

Asm has 45 million in cash how much is the mext stage

ASM Price at posting: $1.00 Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 6 more messages in this thread...

First 32 Last

Add ASM (ASX) to my watchlist

(20min delay)
Last 79.5¢		Change -0.025(3.05%)		Mkt cap ! $144.0M

Open	High	Low	Value	Volume
82.0¢	83.5¢	78.0¢	$380.0K	477.7K

Buyers (Bids)

No.	Vol.	Price($)
1	2195	79.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.5¢	7999	2

View Market Depth

No.	Vol.	Price($)
1	2195	0.790
1	12738	0.785
9	58991	0.780
2	10319	0.775
4	21025	0.770

Price($)	Vol.	No.
0.795	7999	2
0.800	32400	5
0.805	19545	2
0.820	10000	1
0.825	10000	1

Last trade - 16.10pm 13/06/2024 (20 minute delay)


Last 79.3¢			Change -0.025 ( 3.97 %)
Open	High		Low	Volume
83.0¢	83.0¢		78.0¢	36593
Last updated 15.59pm 13/06/2024 ?

ASM (ASX) Chart