ASM australian strategic materials limited

To be honest, the whole thing is just bizarre.They we’re testing...

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    To be honest, the whole thing is just bizarre.

    They we’re testing the metallisation technique, which was successful, got an offtake agreement, started building the KMP and hiring some very good staff, and then the whole thing has just gone sideways. I mean why build the KMP unless you have agreements in place, because buildings and staff all cost money. Overhead “walks on two legs” as they say.
    Appears we are now sitting on a big white elephant in Korea, and the Consortium appear to have vanished.

    Asm are getting close to the top of my list of “monumental mining muck ups”, and I can tell you there are some names they wouldn’t like to be compared to in that regard!!


 
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