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6.8¢ anson resources limited

Ann: Retraction of Production Capacity Target, page-15

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10,414 Posts.

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08/06/22

11:06

Post #: 61888266
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Originally posted by mbc: ↑

I said to myself that they’d have to retract this, so not surprised. ASX are right to request it, the other option would be to release PEA with a reduced mine life number — but what’s the point with resource upgrade and DFS just around the corner then it’ll all square out.

The ASX is the master, you can’t argue with them just have to cop it on the chin and move on, doesn’t matter if they don’t appear to apply the same interpretation to all stocks as they’re the judge and jury.

Honestly this is a bit of a cock up, Bruce should’ve known this would happen. It does give a bit of insight to DFS though, so overall doesn’t matter but it’s a bit embarrassing.

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I personally think it's embarrassing for the ASX which is supposed to vet the anns properly before they go out

ASN Price at posting: 14.3¢ Sentiment: Buy Disclosure: Held
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