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ASM - Australian Strategic Materials

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mullokintyre said:
It got to $13 not long after it listed.
I know, cos I sold some to get me my first ten bagger.
I like the concept of history repeating itself.
Mick
Click to expand...
Hmmmm, hard to see it happening again here. Maybe in 10 years?
Those days of multitudes of hysterical freaks and cash fountains are over.
Back to the grindstone for a living, except for a lucky few.
 
frugal.rock said:
Hmmmm, hard to see it happening again here. Maybe in 10 years?
Those days of multitudes of hysterical freaks and cash fountains are over.
Back to the grindstone for a living, except for a lucky few.
Click to expand...
Its started already.
Up 20% today.
Have no idea as to why, must be someone playing games (not me!).
Mick
 
Thanks Huck, your acceptance means so much to me in so many ways. Here, have a Cuban.

 
This might explain it.
I originally read the LOI (letter of intent) as an Lol (as in laugh out load), which I think would be more appropriate.
Mick
 
ASM will probably have another up day today as it trots out another announcement.
Mick
 


Just finished trying to raise money, at a premium ($1.16) to the current SP. Oh dear me.... I'm in for a little bit at $1.015 and hopefully it pulls up to the CR price soon.
 
mullokintyre said:
Hard to believe that this stock jumped to over $13 just after it listed barely two years ago.
Another 52 week low today.
Mick
View attachment 181264
Click to expand...
I have chosen this unique and boutique stock in the August comp.
I have decided that as most of the stocks I pick recently end up in the pound, I am going for aesthetics.
Hail Caesar!
Mick
 
mullokintyre said:
I have chosen this unique and boutique stock in the August comp.
I have decided that as most of the stocks I pick recently end up in the pound, I am going for aesthetics.
Hail Caesar!
Mick
Click to expand...
I followed this a bit in August Muck, but then didn't.

Noticed it again last few days.
Appears to be putting a bottom in perhaps. Will wait and see. Got caught out last trade on this...grrr.

 
ASM requests an immediate halt in trading of the Company’s securities pending an announcement of the award of an Australian government grant.

The trading halt is to last until the open of normal trading on 16 October..
.
...unusual . is it a big amount, or are they desperate for newsflow??
 
Seems like the only way they will generate any cash flow.
mick
 
So, US EXIM wants to lend em $600 million USD, $200 million AUD from EFA and from the EDC,$400 million AUD (Canada).

So, I make that around $1.5 billion AUD that they may have lent to them, eventually.

Then the grant later this week from the Australian Grubberment for a toaster and coffee machine and 5 free office cleans.
What could go wrong here?

Are they even digging anything up yet?
 
Very small amounts of stuff they send to the pilot plant in Korea.
Will send bigger amounts when the main plant is completed.
Riches await us.
Mick
 
frugal.rock said:
Then the grant later this week from the Australian Grubberment for a toaster and coffee machine and 5 free office cleans.
Click to expand...
Was hoping there might be enough for a four slot toaster as well as a water cooler and a few donuts, but it's a measly amount.

 
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