I suspect new comers will be doing research on ASN over night to determine what this stock is all about, i suggest you go through the last announcements and the "good old fire side chat" thread as its all been discussed there in depth.
The potential is truely massive here and this is the re-rating we all waited for, drill permits should be issued early next week and drilling will start in December once they clear the access tracks, were fully funded to take us through drilling and bench top proccessing, which means there will be no need for a CR and likely the next raise will be to an offtake partner or cornerstone Chinses investors as the 4 MOU's have highlighted now.
Beyond the ground, your investing in management... the management have kept the market very informed and ticked alot off boxes that needed ticking before they put the drill bit into the floor. We are re-entering a historic hole called, Gold Bar unit 2, which makes it much cheaper and faster to drill. Also Bruce Richardson is heavily connected in China, his raised over 170mil in mining projects in the past and keeps pulling in the deals for ASN, check out his Bio, truely impressive, missed the edit so its in the next post.
The beauty about ASN is they hold the deepest part of the Paradox Basin, and the hole their re-entering GB2 is in the deepest part of there lease. So we're re-entering a hole thats been drilled in the deepest part of the Paradox Basin.
Here's the kicker - as brines are heavier than water, they rest in their highest concetrations in the deepest parts... its all start to make sence now.. We are getting to the fun end of the business now, the waiting is almost over. DYOR and i suggest reading the interview by Randy Henkle i linked in the 2nd page of this thread.
If theres any questions just shout out, there are a few long timers here which will be able to answer any questions.
