ASM 0.00% 63.0¢ australian strategic materials limited

Very nice progress. I am buying for the long term, snapped some...

  1. 42 Posts.
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    Very nice progress. I am buying for the long term, snapped some up this morning - would love to see Dividends eventually if Santa comes. I am still concerned about the proximity of this new plant to China - Korea can find itself blockaded in times of tension, disrupting the movement of rare earth back to Australia or the US. Lynas is marginally further afield in Malaysia, but Australia and the US both need homegrown extraction plants to ensure supply.
    And to put my 2 cents worth, Australia should look at purchasing 60-70 submarines instead of investing in big surface Navy ships - the age of the advanced missile makes anything on the surface redundant.
    Last edited by Biggles67: 09/03/21
 
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