ASN 3.13% 15.5¢ anson resources limited

Bigger than RMX (and probably its $8.5B twin too), page-356

  1. 14,367 Posts.
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    Expecting further update from ULI Lithium project in Utah this week.

    Also further assay results from the Graphite drilling at Ajana prospect in WA due soon.

    Haven't seen any drill results on the Zinc and Lead yet at Ajana either.

    "Within the Ajana Graphite Project tenements
     JORC (2004) compliant Indicated and Inferred Lead Resource
    for approximately 25,637 tonnes of contained lead metal"

    "Lead hit its highest in nearly two weeks on Friday as concerns about the availability of the battery metal on the London Metal Exchange were reinforced by falling stocks.
    Benchmark lead on the LME CMPB3 was up 1.5 percent to $2,238.50 a tonne by 1120 GMT, its highest since April 18.
    "I'm positive on the fundamentals of lead," said Societe Generale ‎Head of Metals Research Robin Bhar, adding that falling stocks should help support prices and offset seasonally weaker demand.
    LEAD: Stocks in LME-registered warehouses have fallen 13 percent to 165,275 tonnes over the last 27 days, their lowest in more than a year. MPBSTX-TOTAL
    CANCELLED WARRANTS: Cancelled warrants -- material already earmarked for delivery and so not available to the market -- at nearly 52 percent of total stocks are adding to worries about tight supplies on the LME."
 
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