ASN anson resources limited

2.27%

4.3¢

A missed opportunity, page-23

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Scampercat

181 Posts.

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20/04/18

11:54

Post #: 32582953
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Originally posted by rjohnson1234 ↑

Good post. I agree there are questions and thinking about this stock. As to your points.

1. I am in the process of preparing a post with my thoughts on this actually. My view about new holes though is that if I was zhongfan I would want to see the benchtop processing on the 143ppm li to see how that goes before committing too much more.

2. Agree not as sexy but management have always said the extra items may have commercial value. I am hoping the next few holes find higher grade of li to go with the very high grades of bromine , mg and I. The market likes numbers though and if management could elabaorate on the viability of these extra items then the market will come. Can we process those items from the zones at cc 32 and gb2 and make some money for ourselves to reduce too much dilution of the register ? I think this is a good prospect and a good question for management. How soon could we start selling those items ie could they help to fund the pilot plant by taking on some debt knowing the pay back from those materials will be rapid. ?

3. That’s always the problem isn’t it. They have 2018 to prove a resource so we are not yet 1/3rd of the way there. I just say as I said a while back they need to make a couple of holes happen at once. This one hole at a time is not what I think of when I think of fast track ! To me fast tracking would be to have 3 holes/ re entries happening at once.

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Yes. At this stage a transparent concept / plan backed up by action that reflected stated intent would be good.

ASN Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
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Last 4.3¢		Change -0.001(2.27%)		Mkt cap ! $71.25M

Open	High	Low	Volume
4.4¢	4.4¢	4.2¢	1.757M

Buyers (Bids)

Vol.	Price($)
107654	4.3¢

Sellers (Offers)

Price($)	Vol.
4.4¢	30253

Last trade - 16.10pm 06/07/2026 (20 minute delay)

ASN (ASX) Chart

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