Excellent quarterly ....and the Product Marketing summary paints a very robust picture of product demand going forward , particularly ex China who are stockpiling and curtailing exports .
Seems that this Quarter will be very telling , as a number of planning strategies and the Dubbo Optimization Report become available . Clearly appears that , with $16m cash in kitty ...ASM would like to get a Corporate partner /partners on Board ( South Korean Govt backed !!!!) , for both funding/offtake Agreement reasons , to provide a core element of financing , which might ideally come simultaneously with a rights issue or more likely SPP to keep shareholders happy and top up the cash coffers as well .
Plenty of news ..both from ASM and on a new Biden administration front ..in the coming few weeks ...and positive news at that !
AIMHO
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62.0¢ |
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-0.090(12.7%) |
Mkt cap ! $112.4M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| ASM (ASX) Chart |