ASN 1.27% 7.8¢ anson resources limited

Ann: Anson Submits NOI to Re-Enter Two Existing Wells, page-15

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  1. 237 Posts.
    lightbulb Created with Sketch. 47

    Personally I don't see today ending well.


    The market has been waiting on results to be firmed up for the Metallurgical test work from Outotec which were expected in October. They could have provided the market with a minor update for this test work as part of this ann. 


    Two key words (for me) used to describe the outcome of this re-entry; 'Enable' & 'Prove' - meaning no commitment to anything. The reference to the other drill holes containing 500ppm to 1700ppm are also of no real benefit - I feel they've just thrown this in to give this ann some sort of substance on the surface.


    Hope I'm wrong but not sure the market will react well to this.

 
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