ASM 13.8% 70.0¢ australian strategic materials limited

FID - Final Investment Decision, comes before .... the decision...

  1. 852 Posts.
    lightbulb Created with Sketch. 231
    FID - Final Investment Decision, comes before .... the decision to invest. If there's no decision to invest, why would anyone provide $923 million. That's an offer of a funding package, the money is not yet handed over. Until that money is handed over, well they don't have it, and they need it, to pay for the FID.
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.