ASN 1.27% 7.8¢ anson resources limited

Ann: Anson to Commence Resource Expansion Program at Paradox, page-51

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  1. 60 Posts.
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    MOU's means nothing, there have been a few prior to Tetra. Offtakes are gold, MOU's are almost meaningless.

    They've also been working on a PFS for quite a while now, but they keep moving the sticks and including other things.... I am yet to see anything that makes me think differently about a DFS. Especially that there is now another drilling campaign that will further delay an actual DFS.

    ....More drill pads - not even going to touch this.

    Burn Vior along with the very delayed Novonix results are the only stand out announcements in the past 24 months. I don't count the PEA as IMO it was a complete waste of time (coming from a Resource Geologist in Hark Rock - not Brines).

    I hold quite a large sum of ASN shares, and don't intend to sell them until certain milestones are hit - but timing is everything, and concrete announcements in budding/ all-time high markets move share prices. Great announcements in market declines do nothing - no matter how great they are, and this has been the crux of ASN thus far.
    Last edited by ZManRock: 17/01/22
 
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