ASM 0.61% 82.0¢ australian strategic materials limited

The announcement of the revised framework agreement says:...

  1. 913 Posts.
    lightbulb Created with Sketch. 918
    The announcement of the revised framework agreement says: "Unless terminated earlier, the Revised Framework Agreement runs until 30 June 2023".

    So my reading is that is was to expire on 30 June 2023. An extension probably doesn't warrant a standalone announcement, and could be updated in the next quarterly. However, if the agreement did expire on the 30th of June and wasn't extended, I would have expected an announcement as that would definitely be market sensitive.

    Also not sure of the below timeline any more since the EPC contract isn't expected to be finalised until mid 2024 now.

    Korean Consortium Financing Milestones and Next Steps:
    • Dubbo due diligence – completed
    • Dubbo Engineering, Procurement and Construction Design1 – mid 2023
    • Completion of Agreement – Q3 2023

    Note 1: Engineering, Procurement and Construction Design:
    • Front-end Engineering and Design (FEED)
    • Early Design of Key Work Packages
    • Open Book Project Cost Estimate

 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
82.0¢
Change
-0.005(0.61%)
Mkt cap ! $148.5M
Open High Low Value Volume
83.5¢ 84.0¢ 81.5¢ $190.6K 231.6K

Buyers (Bids)

No. Vol. Price($)
1 2700 81.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 148649 4
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.