I am pretty sure the ARU holders were the same before their deal/s.
It would be nice to get an update on progress from ASM though.
One thing i found interesting yesterday was in another small stock that had a Webinar. The company has a good size old nickel project in Canada. They are redesigning how to mine the deposit. They are being approached by teacher unions, funds, Government people wanting to help to fund it once they get to a certain point.
The market is rating them very poorly but the interest is building for their project and new energy metals generally. Even though the market is cruel the value is there and it will only take one deal to switch the psychology of investors.
In ASM's case announcement on offtakes and production from Korea or offtakes and financing for Dubbo will hopefully be the trigger to get things going.
Patience will hopefully be rewarded.
ASM Price at posting:
$1.25 Sentiment: None Disclosure: Held
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