I am hoping with Govt. funding and with an equity partner in Dubbo that they will need a very minimal CR if none.
Maybe a dream but if they can wangle it that part of the cash for the equity partnership is usable due to past costs sunk by ASM and Alkane it may work. They have certainly put a lot of effort into Duubo over the years.
Not sure what the U.S. MP is going to cost to build but maybe not that much if U.S Govt grants or loans and also possibly state incentives help them to get it started.
It would be great to see some offtake and sales announcements soon as that could be what really gets them moving.
ASM Price at posting:
50.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)