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79.5¢ australian strategic materials limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-36

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01/02/24

15:37

Post #: 72187470
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Originally posted by bedger: ↑

Well that didn't take long for the despondency to weigh. ASM is starting to provide the supply it negotiated with Noveon and USA Rare Earth. The Stillwater facility, literally the only decently sized new Rare Earths manufacturing facility, was only ever aiming for 1200 tons of magnets a year for 2024, but rising to 4800 tons soon after. ASM obviously pressing ahead with its contract to supply 60% of its input ore needs. That's a big contract if you do the math on likely supply.

Now Noveon a bit tardy, was meant to be 100 tonnes starting in June 2023 to March 2024 from preliminary reports. Obviously and perhaps predictably that timeline has blown out. The contract still there.

But more importantly clearly more contracts likely to be announced soon....not soon enough, but obviously coming.

Expand

they said the same thing about NdPr for ages and they still only have one customer (NS World, for a total of what....14t? big hitter). where are all the other NdPr buyers?

so, i wlil believe it when i see it on further contracts for NdFeB

ASM Price at posting: $1.01 Sentiment: Hold Disclosure: Held
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0 Great analysis

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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 ?

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