Quite amusing what is going on with that other brine stock, they smell of desperation, just goes to show why ASN management are not jumping into anything so soon, I expect that they are looking for financed funding for the full development to production, rather than give a large percentage of the company away for the funds needed.
Slow and steady wins the race by completing all the desktop and exploration work first, that also ends up resulting in less shares on issue for a major ASX listed battery mineral producer, compared to other companies.
At the end of the day, I suspect that ASN will end up with at least 1 billion shares less on issue compared to all the other large scale Lithium producers on the ASX.
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