ASM - Australian Strategic Materials

[mullokintyre]

No need for conspiracy theories fellas.

It only went down because I tipped it - that's it

Could you tip WES and WOW as well.
i would like to get back into them at a lower price.
Thanks.

 

[Dona Ferentes]

Could you tip WES and WOW as well.
i would like to get back into them at a lower price.
Thanks.

CSL with a bullet

 

[mullokintyre]

CSL with a bullet

Already back into CSL at 276

 

[PZ99]

Could you tip WES and WOW as well.
i would like to get back into them at a lower price.
Thanks.

WOW is easy... ASM dropping to around one dollar will merely accelerate the depletion of toilet paper due to sudden bowel decompression and ultimate anal armageddon.

Drop your "shorts"

 

[Miner]

I've been having fun trading this but you're right, I really should just leave it. It had virtually no resistance this morning.

I am on same club. just do not look at it. Only if crystal ball I had, then would have bought whole super money on buying ASM when it got listed other than freebies got from Alkane

 

[Dona Ferentes]

SCOPING STUDY DEMONSTRATES FEASIBILITY OF ASM KOREAN METALS PLANT

Highlights:
• Initial 5,200tpa Korean Metals Plant study delivers strong economics - Estimated capital – approximately US$35-45 million - Estimated annual revenue – approximately US$180m-190m - Estimated annual EBITDA – approximately US$45m-$50m
• Expenditure of US$ 1.5m on detailed engineering approved by ASM Board & underway
• A final investment decision (FID) on the 5,200tpa Korean Metal Plant expected in mid2021
• Plans to expand the 5,200tpa Metal Plant to over 16,000tpa by 2024
• Commercial production of Titanium and NdFeB metal powder from ASM’s existing Korean commercial pilot plant proposed to commence in Q2 2021

 

[greggles]

Crikey! Nice looking seven bagger here with ASM. It's actually almost an eight bagger as of today. Where was my crystal ball when I needed it?!

 

[Sean K]

Crikey! Nice looking seven bagger here with ASM. It's actually almost an eight bagger as of today. Where was my crystal ball when I needed it?!

Looks like the ALK demerger has been very good for ASM.

How was it good for ALK, apart from the directors?

Hmm??

 

[Dona Ferentes]

ASM is in a trading halt, pending the release of an announcement relating to a material investment into the Company’s Dubbo Project.

 

[mullokintyre]

250 mill investment from korean group together with offtake agreement for the output of the Korean plant.
Obviously market likes it, up 15% so far.
Mick

 

[Miner]

250 mill investment from korean group together with offtake agreement for the output of the Korean plant.
Obviously market likes it, up 15% so far.
Mick

So far 15 pc

 

[Dona Ferentes]

and ASM closed near highs for the day, 18% up at $10.22

1. Not Aware (refer Ann of 21 Jul ?)
2. Not Applicable
3. Not Aware
4. In compliance

 

[frugal.rock]

Chart almost looks like it wants to run further.... seems relentless for now.
Not held, will stay on the sidelines I think.

 

[aus_trader]

I watch in disbelief !

Would have been a 11-bagger for me if I just sat on my hands when I received those initial ASM shares when ALK spun out it's Rare Earth assets. But what did I do ? Sold them far too early almost at the issue price. Holy crap !

Should learn to stop fidgeting and too much movement and just enjoy the ride sometimes. As Denzel Washington said:

" Don't Confuse Movement With Progress - Denzel Washington "

 

[Tropico]

There must be a pull-back or consolidation soon. Looking to buy back in.

 

[mullokintyre]

I watch in disbelief !

Would have been a 11-bagger for me if I just sat on my hands when I received those initial ASM shares when ALK spun out it's Rare Earth assets. But what did I do ? Sold them far too early almost at the issue price. Holy crap !

Should learn to stop fidgeting and too much movement and just enjoy the ride sometimes. As Denzel Washington said:

" Don't Confuse Movement With Progress - Denzel Washington "

As someone said in here recently, hindsight is the perfect investment strategy.
You still got a profit out of the deal, just not as big as the one you may have had if you had held them.
Now think back on how many stocks you sold and the price subsequently went down, some spectacularly.
Nobody gets it right all the time, we just need to get enough of them right to make a net profit.
Mick

 

[aus_trader]

As someone said in here recently, hindsight is the perfect investment strategy.
You still got a profit out of the deal, just not as big as the one you may have had if you had held them.
Now think back on how many stocks you sold and the price subsequently went down, some spectacularly.
Nobody gets it right all the time, we just need to get enough of them right to make a net profit.
Mick

Thanks for the words of wisdom @mullokintyre.

That's true I still had a return on investment and I couldn't imagine that ASM would become a 1.6b company in such a short time.

 

[mullokintyre]

And still it goes on.

The original parcel I got for free courtesy of ALK , but i bought some more at 1.38 just after it listed. Not a lot, just enough to round it up to a manageable parcel thast had a few noughts at the end.
If ASM gets to 13.80, I will have achieved a lifelong ambition to get a ten bagger.
Been close a few times, but never made the grade.
This may well be "The One".
Mick

 

[Sean K]

And still it goes on.

But how much longer? MC must be exploding at the seems. Well done to those who got in early, what a run!

 

[Dona Ferentes]

And still it goes on.

The original parcel I got for free courtesy of ALK , but i bought some more at 1.38 ..., just enough to round it up to a manageable parcel that had a few noughts at the end.

Oh oh.

Well held Mick