ASM australian strategic materials limited

Relevant Media, page-64

  1. 268 Posts.
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    What I tend to find is most ree juniors beat the drum, and make claims about being the most advanced project in Australia or wherever, and try and give some angle on why they are better than everyone else. ASM on the other hand seem to be very understated, which is not surprising given the caliber of all their staff, who are simply outstanding, and quietly go and get the job done. The results so far speak for themselves, and the irony is they are miles ahead of any other ree juniors I have looked at, not to mention the economics (spending $30mill to get $3mill of mixed ree carbonate with one junior I looked at is just a quick way to financial ruin). People seem to get parochial about bad projects that aren’t viable for some reason. I think it’s just the gambling mentality sometimes. Look at the kmp scoping study, and what revenue they can achieve with no debt. Pretty sensible to me!
 
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Last
58.5¢
Change
-0.105(15.2%)
Mkt cap ! $106.0M
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71.0¢ 73.5¢ 57.5¢ $810.4K 1.287M

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2 5699 58.5¢
 

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Price($) Vol. No.
59.0¢ 1380 1
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