ASN 0.00% 8.8¢ anson resources limited

Ann: Anson Reports Major Resource Upgrade at Paradox, page-298

  1. 10,307 Posts.
    lightbulb Created with Sketch. 2808
    There will obviously be more resource upgrades going forward but no more before the DFS otherwise they wouldn't have announced the JORC resource upgrade today - they needed to draw the line somewhere, get the DFS out so that they can then tie up offtakes and financing pronto.

    The defined resource is sufficient to achieve the 10ktpa for 20-25 years as you suggested and so best they get the show on the road given the current record prices for lithium and I'm sure some of these nearby gigafactories are waiting on Bruce to give them the nod (one at a time pleasetongue.png)

    As you suggested, having a defined resource is probably a precursor to finalising the bromine deal with Tetra as well - exciting timesbiggrin.png
 
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