ASM australian strategic materials limited

They are doing a study on a Rare earth only plant at the moment...

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    They are doing a study on a Rare earth only plant at the moment which could substantially lower the capex. Results should be in this quarter.

    They have applications in process with U.S. Dept of Defence for grants/finance for Dubbo and a metal plant(in the U.S.).

    Rowena said in the most recent video interview that they are getting interest for immediate supply of their products from Korea.

    Their 2 partners in the U.S. are progressing and USA Rare Earth LLC have just listed and are flying on the market.

    Wait and see how it goes.

    Only around 180 million shares on issue and the Chairman has over 20% of them.
 
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