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82.5¢ australian strategic materials limited

Ann: Supplementary Announcement, page-27

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clatty

210 Posts.

48

19/10/23

23:52

Post #: 70438239
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Originally posted by subi1: ↑

It seems to me to be more about the market on the supply and demand side.

They were going to push the button many years ago but the difficulty with the monopoly power over pricing could have been the reason it was halted.

Conditions seem different now but the World economies look c-rap and these bloody wars will possibly be adding complications as well.

It also seems they have been in discussions for sometime now wrt offtakes for Dubbo so I guess we will find out soon whether they can be completed.

Mertallurgy wasn't a problem from what we were told but it seems to be markets dictating what is economic and in demand.

It seems the market has been confirming more Hafnium is needed so they had concentrated on separating that from the zirconium and now the dysprosium and Terbium has bigger demand so they are putting more effort into that.

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And let's hope the Hafnium produced comes from Dubbo ore? Not "synthetic" do we have any conclusive evidence on that?
As always, happy to be proven wrong

ASM Price at posting: $1.40 Sentiment: None Disclosure: Held
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Last 82.5¢		Change 0.045(5.77%)		Mkt cap ! $149.4M

Open	High	Low	Value	Volume
79.0¢	85.0¢	78.5¢	$452.6K	550.1K

Buyers (Bids)

No.	Vol.	Price($)
1	12000	82.5¢

Sellers (Offers)

Price($)	Vol.	No.
84.0¢	2828	1

View Market Depth

No.	Vol.	Price($)
1	12000	0.825
2	4373	0.820
2	3499	0.815
4	37367	0.810
1	47332	0.805

Price($)	Vol.	No.
0.840	2828	1
0.860	7000	2
0.880	3000	1
0.885	2051	1
0.890	588	1

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