ASM 1.83% 80.5¢ australian strategic materials limited

Ann: SCOPING STUDY DEMONSTRATES FEASIBILITY OF METALS PLANT, page-9

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    Well worth reading the full announcement. A couple of quick take-outs;

    • No need for Dubbo feedstock in short term - continue to use existing suppliers as per pilot plant (no details of those supplers?)
    • The pilot plant will become a small commercial plant for immediate revenue producing 200 tonnes of titanium powder and 8 tonnes of NdFeB strip metal alloy - I assume this is the source of the 2021 revenue in the financial model shown?
 
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