ASM 6.36% 58.5¢ australian strategic materials limited

Ann: USD 15 m Subscription Agreement at AUD 8.90 per share, page-8

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  1. 3,271 Posts.
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    That should put a floor of $9 under the current price with ~$12/share on the Dubbo side alone (10% for US$125M) after the FEED/EPC is wrapped up with Hyundai mid 2023.

    And they also want a slice of KMP - 30% for US$50M valuing KMP alone at ~US$160M
    Last edited by Geeenius: 16/05/22
 
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