ASN 2.60% 7.5¢ anson resources limited

ASN General Discussion, page-8102

  1. 3,324 Posts.
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    Hmmm.... Not so sure about that anymore ..

    The market has a very different opinion on ASN than we do. Otherwise 1-5 weeks away from financing and off takes the SP is back to 18.5c .. Or 2 cents higher than it was before:

    2 x Resource upgrades
    DFS
    Sunresin
    Water rights

    We are raising $500 million dollars soon and according to Chris the SP does not matter ??.. I guess it does not matter if dilution is your thing. WTF is it going to take to get confidence back to ASN?

    IMO, I know Bruce withheld info from late last year to create a heavy waves of announcements prior to the capex raise in an attempt to have the SP as high as possible leading in to finance. I fear that the 10-12 weeks of silence at the end of last year draining the confidence away from ASN.

    Jan 16th - New team added
    Jan 23rd - Water rights
    Jan 25th - Western strategy
    Jan 27 - Uranium EFT
    Jan 30 - Green River

    Clearly the above mentioned did not all get signed off on within 2 weeks of each other. I fully understand where Bruce was coming from with this strategy but as I have now mentioned, I think it may of backfired. I base the back fire statement on the current 18.5c share price which is obviously below par for a so called "Near term producer" ...
 
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