ASM 7.55% 73.5¢ australian strategic materials limited

"Management has done everything right so far and they have the...

  1. 5,172 Posts.
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    "Management has done everything right so far and they have the insight of where they are taking the company. We are in their hands. Lets hope they keep their good track record in tact."

    Agreed. If anyone does come by a term sheet please post it or else I guess we will hear about the raise by the FR. Out of curiosity do you think it will be just for corporate expenses or do you believe they will go large for the possible funding of the KMP. I still find the timing strange as the detailed engineering and Board approval for the project is not due to near the end of next quarter. That said, and I like this option, build it and they will come. Raise the capital, have the cash in the bank to show investors / off takers you do not need to compromise on contracts tied up with a capital injection. Better deals.

 
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