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79.5¢ australian strategic materials limited

Where are you getting 10% of ASM from? I didn't see the...

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OStirz

221 Posts.

51

16/05/22

12:36

Post #: 61430814
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Originally posted by austinhealey64: ↑

The consortium (KCF) will own:

10% of ASM and through that holding indirectly 9% of Dubbo.
30% of SKMH directly and indirectly through ASM another 7%

For which they will pay

$50 Million for the SK Metals plant
$15 Million plus a further $105 Million if approved for a 10% stake in ASM. This also gives them a stake in further metals plants around the world. The due diligence showed them where the real money is to be made.

They also have to get the strategic investor over the line for 10% of Dubbo for $125 Million. Valuing Dubbo at $1.25 Billion

All up if you do the numbers (with dilution) I get a value of $7.84 for ASM with just Dubbo included and $8.93 if you include the 70% of SKMH that ASM will now hold. No value attached to further metals plants.

ASM will be cashed up and the next metals plants will be funded.

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Where are you getting 10% of ASM from? I didn't see the percentage specified.

The 15M now is key. Pretty much guarantees no more CR untill KMP revenue starts to come in. Shorts have to cover eventually..

ASM Price at posting: $6.40 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 79.5¢		Change 0.045(6.00%)		Mkt cap ! $135.8M

Open	High	Low	Value	Volume
74.5¢	80.0¢	74.0¢	$643.7K	823.3K

Buyers (Bids)

No.	Vol.	Price($)
2	4875	79.5¢

Sellers (Offers)

Price($)	Vol.	No.
80.5¢	6916	4

View Market Depth

No.	Vol.	Price($)
2	4875	0.795
3	5049	0.790
6	18008	0.785
5	21630	0.780
5	28250	0.775

Price($)	Vol.	No.
0.805	6916	4
0.810	22979	2
0.815	3211	2
0.820	21410	2
0.825	1212	1

Last trade - 12.27pm 27/06/2024 (20 minute delay)

ASM (ASX) Chart