ASM australian strategic materials limited

"Yes, very easy to write out a number of points about what was...

  1. fup
    1,154 Posts.
    lightbulb Created with Sketch. 107
    "Yes, very easy to write out a number of points about what was supposed to happen but did not eventuate."

    so you are fine with no accountability?

    "In fact a large portion of what you've pointed out is attributed to the same problem... low demand and low prices. Management can't fix that, so they're adapting, very well in fact. "

    why did they build the KMP if there's low demand/prices? management can fix that by 1) not being unrealistically bullish 2) conserving cash instead of burning it into KMP which produces nothing and sells nothing but has ongoing operating costs.

    "The only thing that is a problem, is the SP..... do management control the SP? "

    no the SP is not the only problem. it is a problem but it's also a symptom of many other problems.

    good luck when they want to raise $50m USD to build and operate the US metals plant at 20c a share.
 
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