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61.5¢ australian strategic materials limited

MP scalability has already been proven. That was the whole idea...

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aceisme

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10/04/22

22:10

Post #: 60771331
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Originally posted by prhb: ↑

I am holding both, but have not reduced my CAI holding at this point.

While both are highly prospective, I think Calidus is doing a better job of their market communications.
Using the example of ASM's announcement in November last year, that Hot Commissioning was underway - IMO Dave Reeves would never have allowed five months to pass without an update on the progress achieved.

To be fair, the magnitude of dollars - and complexity - and international governmental engagement required to secure the funding required for ASM's Metals Plant/s and Dubbo projects far exceed those that Calidus needed to manage - but the lack of an update on Hot Commissioning leaves a lingering question mark in my mind as to the proven ability to scale.
Once that question has been removed, I think the upside of ASM will be significantly greater than Calidus (although the lithium?......hmmm).

In any event, we are merely talking about degrees of goodness on both sides aren't we?

Happy Sunday to all.

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MP scalability has already been proven. That was the whole idea of having a Pilot Plant.......to prove scalability. From Lab results they built the Pilot Plant to prove that they can produce metals at scale.

Last edited by aceisme: 10/04/22

ASM Price at posting: $7.81 Sentiment: Buy Disclosure: Held
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