It is just my opinion, but I think we all should relax about the share price of ASN. The near future will see the demand for lithium move parabolic. The demand will have no limits, and if you have a good product in a good location, then the outcome will be excellent.
On the downside. Time has been dragging on for the Bull license and chip analysis. Also the two Utah well reentries we need for the PEA upgrade, but it will happen and Anson will have people lining up for the products that they retrieve from that brine, not because it is green, good, or cheaper to produce, but due to the social change pressures to dump fossil fuels. I actually love the smell of a diesel ferry crossing Sydney Harbour, but if a group of blue or green haired people (you know the ones) start demanding they swap out the diesel and go electric, all the better for us shareholders. There is no going back from this now.
Bits from the media showing how fast things are changing:
(2 Mar 2021) The European Commission’s proposed Euro 7 emission rules on cars, vans, trucks and buses would amount to “a ban through the back door” of internal combustion engines as of 2025, if implemented in their current form, industry has said, calling the proposal premature and “completely out of the question”.
https://www.eceee.org/all-news/news/news-2021/eu-plotting-ban-on-internal-combustion-engine-as-of-2025-industry/
The rapid growth of electric vehicles and renewable sources of energy with which to charge up e-vehicle batteries has meant that a phase-out of the internal combustion engine is now in sight. The Netherlands, Norway, France, the UK, Sweden, Ireland and others have already announced plans for such a phase-out between 2025 and 2040. Cities across Europe are also keen to wean themselves off polluting cars, with London, Paris, Amsterdam and Brussels all wanting to ban conventional cars in 2030-2035.
https://www.transportenvironment.org/news/end-fossil-fuel-car-eu-agenda
The Petaluma, California, City Council this week unanimously moved to ban new gas stations, and existing stations won’t be allowed to add new gas pumps – but they can add electric chargers. The council must approve the ban during a second reading in order to make it official.
https://electrek.co/2021/03/01/california-city-ban-all-new-gas-stations/
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Mkt cap ! $102.9M |
Open | High | Low | Value | Volume |
7.6¢ | 7.8¢ | 7.6¢ | $57.31K | 741.1K |
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No. | Vol. | Price($) |
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3 | 68692 | 7.7¢ |
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5 | 237402 | 0.076 |
5 | 349599 | 0.075 |
8 | 473420 | 0.074 |
10 | 607529 | 0.073 |
Price($) | Vol. | No. |
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0.078 | 13648 | 2 |
0.079 | 498803 | 11 |
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