bullish

Amaero International (ASX:3DA) - "Plan B" Brings Risk but Potentially Greater Returns

510 Views07 Apr 2023 13:17
Issuer-paid
SUMMARY
  • Amaero has substantially shifted its strategy to focus on titanium powder production with a new project planned for the UAE.
  • With the greenlight slated for the end of June 2023, we conservatively anticipate first production in H1 FY25, powder qualification in H1 FY27 and "at capacity" production in H1 FY2.
  • We have substantially restruck our earnings forecasts to reflect this new project.
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  • Amaero International (ASX:3DA) - "Plan B" Brings Risk but Potentially Greater Returns
    07 Apr 2023
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