It is possible that ASM is dangerously over-extended. Management has to focus on becoming financially resilient. That means proving a recurring revenue stream for KMP. Talking about the ESG credentials is not the primary concern right now. There will be no repetitions of KMP if the existing plant doesn't pay its way. Unless they secure sales in the next few months (on long term contracts preferably) KMP can easily transform into a stone around the company's neck.
ASM Price at posting:
$1.72 Sentiment: Hold Disclosure: Held
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