With the SPP allocation fully secured I find my mind returning to the news flow and how ASM plan to fit Dubbo into their global metallisation plant rollout. A few extracts from the investor presentation follow;
- The KMP is first off the rank with some revenue from mid 2021 but ramping up to the full 5200 t/yr from mid 2022 as indicated below
- The next plants are indicated to be Europe (lets call it EMP) and Australia (AMP) with production in 2022/23, so behind KMP but just by one year
My questions relates to the AMP;
Funded out of cashflow from KMP (see balance sheet highlight below)Could it be using some pre-production Dubbo ore?But how does this sit with the comment below that KMP may be expanded to take Dubbo oxides?If there is a AMP based at Dubbo, surely it would be sized to take all the Dubbo output and not have it sent to Korea?What other producers and oxides products might the AMP be designed to process? (aside from Nd/Pr/Hf from Dubbo)
How does Dubbo fit into the overall metallisation business?
Add ASM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.01 |
Change
0.000(0.00%) |
Mkt cap ! $181.5M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.03 | $1.00 | $200.0K | 197.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3621 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.01 |
Change
0.000 ( 0.23 %) |
||||
| Open | High | Low | Volume | ||
| $1.02 | $1.03 | $1.00 | 51522 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| ASM (ASX) Chart |