All IMO.
ASN 1.0 = biggest pump in asx recent history, 1c to 30c on nearology, but No resources to flakey offtakes., and owning 10% of a key tenament?. = registry full of rabbits. Reality bites as 1700 ppm wishful thinking gives way to 126ppm.
ASN 2.0 = same rabbits, buying into the hype surrounding heat lamps evaporating a low grade feed, and what appears to be shallow small scale ponds.
Its no wonder the sp is volatile, the 1.0 hype, is playing the fiddle to the same audience.
Hype = sensationalism fan fare without economic substance.
In this case, a rising sp, doesnt mean that someone knows its good, it just means the same rabbits are eating from hand of the same fiddlers, and following the FOMO.
Just wait for ASN 3.0, something equally pathetic in real economic terms that the same believers will average down again .
Its quite entertaining.
Keep up the blind faith.
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