Our lithium project
- Only an 11 hr drive from Tesla's Gigafactory - beats shipping resources for days and weeks from elsewhere. In my opinion, makes ASN an attractive cost-efficient supplier.
- Historical brine analysis ranging from 64-1700ppm.
- Onsite processing plant.
- Highly pressurized mineralised brine expected to flow freely. Requiring less energy to bring to the surface than traditional brines.
- Brine test work during April-Jun with drilling permits requirements starting Jun.
- Second smallest market capitalisation.
- Results showing that magnesium could be removed with a lithium loss of less than 3%.
However, we currently only have 10% interest in the ULI project, but can earn a further 40% by defining the location(s) for one or more drill holes, issuing an NI 43-101 technical report, and expending US$666,000. As well as a further additional 20% by drilling and logging one or more holes, issuing an NI 43-101 technical report, and expending US$2,330,000. Once completed that will be a total of 70% interest in the ULI project!
And then we also have some graphite, cobalt, and nickel. And let's not forget that the Ajana Graphite Project in Northampton, WA is a proven and established mining province for Zinc, lead, and silver as well. ASN financials also very appealing with, $1,067,000 cash on hand as at 31 March 2017, with a further $220,000 still invested in Iconic Minerals Ltd as at 26 April 2017. Let's not forget about our oppies either (ASNOA).
All for 3c! I don't know about you all, but this business is a ticking time bomb before it's share price becomes a northern projectile and knocks the moon out of orbit.
Exciting times! So much on the agenda across all our projects, we should have a consistent flow of announcements and news.
Happy to hear your thoughts, and please, if I left something out please share
- Forums
- ASX - By Stock
- ASN
- Bigger than RMX (and probably its $8.5B twin too)
Bigger than RMX (and probably its $8.5B twin too), page-352
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASN (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.7¢ |
Change
-0.001(1.02%) |
Mkt cap ! $125.1M |
Open | High | Low | Value | Volume |
10.0¢ | 10.3¢ | 9.7¢ | $166.8K | 1.692M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 492999 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 153458 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 492999 | 0.097 |
4 | 287191 | 0.096 |
2 | 76000 | 0.095 |
1 | 31344 | 0.094 |
7 | 380163 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 153458 | 1 |
0.105 | 436629 | 7 |
0.110 | 296971 | 3 |
0.115 | 212408 | 5 |
0.120 | 270100 | 5 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
ASN (ASX) Chart |