drewkaiser
Feb 9, 5:44 PM
$ASMMF For those of you already in
$UUUU, you might take a look at Australian Strategic Materials,
$ASMMF. With Energy Fuels acquiring ASMMF, look at exactly WHAT they are acquiring. In short, this is a big step in completing various supply chains. Various companies have been working in rare earth processing for many years. Now the successful ones are really connecting their various skillsets. Meanwhile, owners of ASMMF will have their shares converted to UUUU shares. This will be at a fixed ratio, plus a premium. In the time it takes for the acquisition to complete, the share prices for each should, in theory move together. But ASMMF is a microcap that can still be yanked around with modest funds. So how these move will be interesting.
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