ASM 2.02% 48.5¢ australian strategic materials limited

People are just being silly NOW .., page-21

  1. 523 Posts.
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    ok the EFA doesn't seem to mention then whether offtakes needs to be exclusive or non exclusive and for how long of an offtake ? or for what price for the metals sold? i would have thought for 200 million they would want a bit of assurances
    so they have signed Hyundai engineering group for the initial planning and build of dubbo mine and that's due for completion by mid 2023... so we have a long time befor the finalisation of dubbo mine; realistically maybe q1-q2 2024? as they still need to find the funding as outlined by the EFA.
    that says to me if they can get their korean metal plant up and running and selling metal to end users thats priority 1,2, and 3, and then expanding that plant to 5200/year should also be the focus
    rising costs of energy, water, gas, and mining supplies might also need to be taken into account as well as rising costs for construction of the mine... seems like every builder out there are raising their build prices
 
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