Ann: Quarterly Activities and Cashflow Report, page-77

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Suni

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29/01/24

17:06

Post #: 72116164
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Originally posted by the technician: ↑

$7.7 million costs is broken down in to $5.5 million for exploration and activities and $900 k wages and $1.3 million administrative costs considering all the consultancy and permit submissions this type of admin bill justified IMHO .
These numbers a are spectacularly good considering the outcomes achieved and the substantial recruitment drive they've had id like to see LKE PLL and many other comparisons before I would label it a "burn" choice of words is poor IMHO .......

The long the short of it is ASN has $52 million in cash at its disposal to push these projects along to their potential and completion so their will be no CR this year IMHO .

Also IMHO the current price fluctuation is due to the EV write down due to the cash position so business as usual for me and despite self proclaimed "TA forecasters" ASN won't be 14c in feb it won't be 10c you know it won't be 9c either , who else wants to play the TA guessing game ?????
FA comes first TA is merely an afterthought.

Warmest regards TT

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Spent $30 million and what do we have to show for it?

I know progress has been made. $30 million dollars worth of progress? Not on face value. The last CR was meant to be sufficient up to FID and we are as far away from that now as ASN claimed to be at the last CR.

We raising $25mill at 9c are we? Or 13c? Dilution city.

ASN Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.1¢		Change -0.002(2.15%)		Mkt cap ! $117.5M

Open	High	Low	Value	Volume
9.3¢	9.3¢	9.1¢	$119.7K	1.310M

Buyers (Bids)

No.	Vol.	Price($)
2	101927	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.3¢	37677	3

View Market Depth

No.	Vol.	Price($)
2	101927	0.091
10	488490	0.090
5	331927	0.088
2	79505	0.087
4	681500	0.085

Price($)	Vol.	No.
0.093	37677	3
0.094	30000	1
0.095	20000	1
0.096	18300	2
0.097	50000	2

Last trade - 16.10pm 09/09/2024 (20 minute delay)

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Ann: Quarterly Activities and Cashflow Report, page-77

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