ASM australian strategic materials limited

It is not good when you read the Financial Reports and PWC notes...

  1. 18,708 Posts.
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    It is not good when you read the Financial Reports and PWC notes going concern is a query.

    I looked at a few other figures as well which are of interest.

    To me the number one priority is viability,

    Certainly cannot go too big too quickly.

    I am no expert but it looks to me as though focusing on the Korean Plant, get that going, meeting customers expectations, building the business up, staying viable and even expansion within the Korean Plant is the go for the moment getting revenues up.

    They mentioned 2024 in terms of construction for the Dubbo project anyway in the AGM. I am not sure its advisable to be anchored on Dubbo for the moment. The critical thing is making the business a going concern and growing the business. The Dubbo project can always be added on later when most suitable with the best funding partners possible
    Last edited by DavoMagic: 22/12/22
 
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