ASM 4.35% 48.0¢ australian strategic materials limited

I did not need to as I have been following ASM since December...

  1. 599 Posts.
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    I did not need to as I have been following ASM since December 2020. No need to go over them again.

    ASM does have a track record of shiny promises (Quarterly, none-binding MOUs, AGMs, cool pictures, etc), it just does not deliver what it says it will do. I know what I am saying annoys die-hard supporters here, but people getting upset here is totally irrelevant to what is currently happening at the company. I mean the SP speaks for itself. We are priced at $255m with $60m cash and Dubbo lands and KSM. It is evident to me that very little future profit is priced in. I think this is due to past performance and lack of confidence in Quarterly and AGMs that you are referring to.

    Once they have real offtake agreements (not a pathetic 10-tonne from which we deliver 3t), banking in revenue and start seeing more than promises, I am sure ASM forum will get busy again.

    Until then it is just a handful of people me, you and a few others talking to each other.

    Last edited by Dariiush: 18/01/23
 
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