ASM 16.0% 61.5¢ australian strategic materials limited

yes, ASM is shaping up to be a perfect good storm!* it has...

  1. 3,837 Posts.
    lightbulb Created with Sketch. 652
    yes, ASM is shaping up to be a perfect good storm!

    * it has discovered breakthrough technology to turn are earths into finished products and can do this is a clean, low-energy way.

    * it has a terrific management team running it and a terrific partnership with South Korea.

    * it has China behaving badly, threatening to restrict supply of rare earth products, after cleverly managing to corner the world market in producing those products.

    * it is benefiting from rare earth products being in ever-increasing demand, especially regarding electric vehicles.

    * it is a new float, with hardly any shares on issue, with an awesome breakout chart.

    what is there not to love, apart from its ever-increasing market cap....however, even that won’t be a problem if ASM soon announces offtake agreements and financing deals and progress on its commercial plant plans.

 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.