I massively disagree with one point, I very much doubt plenty of investors are still sitting on a 50c cost base, unless they just sat back and watched the SP go to the moon the fall back down to earth whilst eating popcorn!
Many, many would have bought on the way up and I doubt they would have sold anywhere near the top, or close to it.
IF holders are sitting on a loss, however big or small, it is because we believed in ASM management, but unfortunately, the timelines for the KMP, other metal plants and Dubbo have blown out by years, typically, these timelines were blown out in the space of a quarterly update whilst the SP continued to slide.
Did we get all the price sensitive information ASM we’re aware of in a timely manner?
Who was feeding the KCF all the important updates the market was unaware of?
Who was feeding the shorters all of the information they needed to make a fortune?
When did ASM become aware end users of the Rare earth metals themselves were not yet ready for such supply?
When and why did Hyundai go quiet? Related to the above?
Why was DW fired/let go?
Why did DW not expand on the delays of the KMP other than ‘ de bottle necking the KMP ‘
Why is Dubbo finding it so hard to get the investment required when the mine itself would not be complete until, 2027 was it? Surely the demand for rare earth metals will be in crazy demand by then so large company’s/countries would need to invest now for the future supply?
Anyway, within recent videos of IG, he doesn’t seem to be worried and he’s lost on paper $400m this year on ASM and Alkane so why should we be worried? He is slowly selling his stake in Alkane though as he needs the cash for something…
ASM Price at posting:
$1.37 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)