ASM 3.11% 78.0¢ australian strategic materials limited

ASM Chart Thread, page-11094

  1. 3,238 Posts.
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    Agreed. She has well and truly found her feet now and making good progress in cracking the China stranglehold by way of a robust and vertically integrated solution on which buyers can rely. We had expected the traditional model of off-takes leading to funding but in this case the off-takers first wanted a clear line to funding to be demonstrated. With EXIM (US), EDC (Canada) and EFA (AU) now formally expressing interest in providing some $1.5B of funding, I expect the offtakes to soon follow, in turn leading to FID for Dubbo and maybe a new metals plant to boot! ASM management can put their money where their mouth is once the deals are done and dusted!
 
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2 2053 78.0¢
 

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