I am surprised they are yet to release the quarterly. Besides junkets not sure what has been going on within management to justify them being paid. Should be the quickest quarterly they have ever had to prepare, as next to nothing has progressed in the last 4 months.
I have always maintained that whatever caused the fallout between ASM and KOMIR would hurt ASM ever being successful in South Korea.
Hopefully, the quarterly opens up on the issues plaguing progress both in South Korea and here in Dubbo. If management were not so pig headed and delusional they would have had a metals plant approved here in Australia by now and options to relocate and/or expand would be on the table.
ASM Price at posting:
$1.11 Sentiment: None Disclosure: Held
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