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ASN General Discussion, page-16712

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Cranium73

3,475 Posts.

799

15/12/23

23:27

Post #: 71481589
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Originally posted by the technician: ↑

I somewhat agree actually the affect of all the wannabes on DLE in general is polarising there's no doubting this IMHO . Recently someone I don't remember who reposted a quote from an article that was posted in the PLS chat originally and believe it or not it was a cold caller questioning one of Sunresins Chinese customers from the Qinghai Provence questioning grade/impurities/production numbers/technology Yada Yada Yada and apparently went on to defame both the producer and Sunresin not about production numbers but that they were missing the GFEX specifications for futures of all things ......
But what I found interesting was even when the production numbers were accepted they were dismissed as just inferior grade as less than 99.5% battery grade but what I thought was if the tonnage was correct and it was 99% not 99.5% I'm happy as the price for 99% at a slight discount is still very very lucrative when your OPEX is in the 1st quartile if the city curve which ASN is and that is without adding other product credits .
LOL I used the word belief before wasn't keen on using Faith as the descriptor and i reaffirm belief so :
1) 99.96% BG Lithium @ commercial scale (belief)
2) 99% BG lithium @ commercial scale with impurity(no belief/realist)
3) boric acid credits or full on product (make your own mind up)
4) Full blown bromine production (if you believe ASN ??)
5) Uranium mine in the US 40km from the only working Uranium processing plant in the US who now just banned the import of cheap Russian enriched Uranium ( if you believe the narrative)
6) Zinc mine being drilled atm next to neighbours who claim they've hit the zinc motherload are regional size deposit (read into that all you want)
7) confirmed pegmatites at surface within 10kms (line of sight) of Delta Lithiums Linnetharra Lithium project DLIs lower grade spodumene resource but largest resource Backed by MINRES (again read into that all you want)
8) the Bull project remains unexplored virgin ground with great ground signatures 20km (line of sight ) to Chalice's Julimar PFE discovery (make of that what you will .
9) I could do graphite for really old heads here also but I won't
I'm not sure much "faith" is needed but a bit of belief couldn't hurt I mean we invest in small caps because we believe something surely ????
Warmest Regards TT

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The potential is mind blowing. Suffice to say that if ASN does not become a multi BILLION dollar company, it will be one of the greatest near misses I've witnessed. I suspect that they will get it sorted.

What do I believe..... I believe that I still don't hold enough ASN shares. Hopefully a few other plays (including the thoroughbred breeding) pay off in time for ASN to not be MY greatest near miss

ASN Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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