SMR 0.59% $3.35 stanmore resources limited

"The main longer term risk is the move away to green steel...

  1. 194 Posts.
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    "The main longer term risk is the move away to green steel making which is likely to happen in Europe but I believe it’s 15-20 years away ."

    Fans of Ziggy (FMG) will argue that timeframe is much less. idk. either way, definately worth watching ASX.FMG announcements in coming years. (worth going over past announcements if not already)

    Was just looking at the ASX.SMR institutional placement announcement on 7/3/22 @ $1.10 and comparing with the share price spike up to $1.96 same day. I'm mostly annoyed I hadn't been paying attention to this stock. not often we see this movement. the tightly held nature of this stock is unusual.
    HSBC Custody Nominees (Australia) Limited 75%
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