i've been investing in Anson Resources for about a year and currently about 50% in the minus (bad timing). I play with the thought to raise my position, and just do some due dilligence to increase my confidence level. I hope you can help me with this.
Can someone tell me if Anson Resources has already been evaluated by any analysts and where the price target is? If so, I'd be grateful if someone could point me the way. If no, has someone tried to set up a forecast on how the main corporate numbers will develop from today to 2028 and what price targets appear realistic (similar to Talga presented here: Talga Annual Anode Production & Share Price Projections, 64335994)?
According to the information provided by the last video, Anson aims to produce 13k tonnes of lithium carbonate from the Paradox project from 2026 on, and then to start expanding stage 2 after the payback period (2 years starting from the DFS figures, but faster at current market prices), i.e. production probably 2028/2029. Is there any information about when to start Green River and what order of production will be?
Anson Resources lists Standard Lithium as one of the benchmark companies. The market capitalization of Standard Lithium is almost four times as high. At first glance, it looks like they will produce much less than Anson from 2026 on and they seem to have much higher investment costs, but their project also seems to be much more derisked. Perhaps someone wants to look at them more intensively and maybe those insights can then be used to identify the future potential for Anson's projects and the possible future market value of the company.
ASN Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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