Excellent summary. Others should read the insights given.

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03/04/23

15:55

Post #: 67109143
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Originally posted by subi1: ↑

The chance of them needing to borrow 2 billion is next to zero.

They intend or at least have in the past to sell 20% of the DZP.

So even if the cost went up they would get the money from the sale and then that would pay for part of the cost.

Then they would only have to pay 80% of the remainder because the partner would have to pay their 20%.

If we go on ASM'S figures:
1600 million AUD approx. to build the plant and mine.

If they sell 20% for 360 million AUD which was the previous offer that leaves 1240 million AUD.

That leaves 80% of 1240 million AUD that ASM have to pay which is 992 million AUD.

The Australian Govt through EFA have already given a letter of intent for 200 million AUD.

That leaves 792 million AUD.

All they need is an offtake agreement or 2 and hopefully the share price will do the same as ARU's share price did when they received their offtake agreements.

Forward payment or finance with the offtake agreements, Government grants from overseas and maybe more from Australia would make that figure shrink quickly. Equity raisings hopefully would do the remainder.

There could be tweaks like getting 2 partners and for them to sell 30% of the DZP. That would cut the need for loans even further.

Any critiques or corrections would be welcome as I am only going off memory to try to explain options they have.

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Excellent summary. Others should read the insights given.

ASM Price at posting: $1.35 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 54.5¢		Change 0.000(0.00%)		Mkt cap ! $110.2M

Open	High	Low	Value	Volume
54.5¢	55.0¢	54.0¢	$148.0K	271.7K

Buyers (Bids)

No.	Vol.	Price($)
1	1871	54.5¢

Sellers (Offers)

Price($)	Vol.	No.
55.0¢	32437	4

View Market Depth

No.	Vol.	Price($)
2	31834	0.545
10	100967	0.540
4	42353	0.535
8	85666	0.530
4	69397	0.525

Price($)	Vol.	No.
0.550	32437	4
0.555	61731	3
0.560	96346	2
0.565	74100	1
0.570	138026	4

Last trade - 11.35am 01/08/2025 (20 minute delay)

ASM (ASX) Chart

Excellent summary. Others should read the insights given.

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Excellent summary. Others should read the insights given.

Top Stories

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