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3.64%

85.5¢ australian strategic materials limited

ASM Chart Thread, page-7179

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Duckman1701

523 Posts.

70

30/06/22

09:06

Post #: 62287266
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Originally posted by Bunter62: ↑

There are a lot posters who are in denial about missed company deadlines and broken promises. Here are some examples:

KMP has progressed more slowly than initially stated particularly to the 5200pa rate and the expansion to 18,000tpa which was part of the scoping study hasn't been even mentioned for a year.

Korean consortium funding was meant to be locked in last Christmas. It's still remains incomplete with altered terms.

FEED study isn't finished. In fact it hasn't even started!

Absolutely no progression on Dubbo funding despite huge achievements by rivals such as Iluka and Lynas.

But most startling of all is the absence of offtake agreements for the metals particularly nd/pr which I supposed to be experiencing white hot demand!

So don't blame shorters. The company have disappointed the market numerous times. Let's hope we get meaningful revenue fir the KMP for this quarter. I believe in this stock and still have a large holding but am really doubting management's ability to execute ATM.

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Denial is one thing, understanding is another.
Just for the record, hands up those who are in denial.

ASM Price at posting: $3.61 Sentiment: None Disclosure: Held
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(20min delay)
Last 85.5¢		Change 0.030(3.64%)		Mkt cap ! $153.0M

Open	High	Low	Value	Volume
83.5¢	86.5¢	79.0¢	$210.6K	254.9K

Buyers (Bids)

No.	Vol.	Price($)
2	9372	85.5¢

Sellers (Offers)

Price($)	Vol.	No.
86.0¢	2709	5

View Market Depth

No.	Vol.	Price($)
2	9372	0.855
3	74392	0.850
1	2500	0.845
2	74451	0.840
1	2500	0.835

Price($)	Vol.	No.
0.860	3576	7
0.870	1129	1
0.880	195	2
0.890	3529	1
0.900	766	1

Last trade - 15.35pm 12/07/2024 (20 minute delay)

ASM (ASX) Chart