ASN's Lithium project might still be viable with lower lithium grade with the following economic contributions:
1. Natural gas from existing CC well for electric generation.
2. Numbers of bi-product.
3. Low capital cost for infra.
4. Low extraction cost due to high pressure.
However, I believe the chances of getting >200 ppm in the future explorations are higher with more claims at the southern areas which we believe where the high grade lithium was trapped.
Fundamental is getting stronger with only 30mil mc, upside is high with world class management.
GLTA DYOR
Ann: 142 ppm Li Assay Result from Artesian Flow Horizon, page-38
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