ASN 4.00% 13.0¢ anson resources limited

ASN vs LKE, page-8

  1. 9,156 Posts.
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    This is a stoopid thread, sorry but it is !! ASN has NO true PEER comparison the ASX definitely not LKE or AGY well known stories key difference 1 project 1 commodity ASN 5 projects 15 commodities - there is one that is like the younger brother that is sort of somewhat close but ASN is far more advanced I’m not promoting so I’m not mentioning it. the rest have no true comparison and what needs to be understood is that ASN has the word PREMIUM attached to a lot of the big ticket items it’s doing egroduct , position , customers and so on in addition ASN is definitely doing a lot AUSTRALIAN FIRSTS in some cases even WORLD FIRSTS so when considering this TRUE value can only derived from the books and this starts with the PEA , I personally was at 53c based on this one which happens to be Morningstars current quote for ASN then you can maybe forecast forward with the info at hand but ultimately the long awaited DFS will shrink the work provided for valuations ! Last but not least ABSOLUTELY NO VALUE has been given to the 4 ADDITIONAL PROJECTS all in TIER 1 JURISDICTIONS 1 more in the US and 3 in WESTERN AUSTRALIA ALL 4 would easily IPO on their own at 20c over 100-200 million shares raising $20-$40million each in MC POWER but a WHOLE NO VALUE ADDING !! GLTAH DYOR AIMHO WARMEST REGARDS TT
 
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