ASM 3.11% 78.0¢ australian strategic materials limited

Estimated cost $1.7bn in 2021, but won’t we know the final cost...

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    Estimated cost $1.7bn in 2021, but won’t we know the final cost until Hyundai complete the EPCD in 2024? That’s if it is completed by then, remember it will be completed in milestones, at the moment, ASM do not have enough money to cover debts and the cost of the EPCD!

    No offtakes = no cash = no EPCD = no Dubbo

    We NEED POSCO to save ASM!
 
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