ASN 2.60% 7.5¢ anson resources limited

Ann: Anson Increases Resource Expansion Program at Paradox, page-6

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  1. 5,254 Posts.
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    Do like how they’re focussing on the Lithium/bromine first. Really hot industry, great money spinner and big potential for the Co.
    Was always a little worried with having too many projects on the go at once- leads to dilution, low SP and Co losing focus.
    Also don’t want to see JVs at this stage- would love to get the Paradox project nailed down first, then continue to slowly transition to other projects- finally being able to be a multi metal/resource Co.
    If we were to focus on all- a JV would probably leave us with just a 30% stake in one like the Bull- whereas would love to have money coming in while exploring and hopefully hitting juicy targets.
    Whats others thoughts? Or just JV out and get it done now?
 
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