ASN 4.41% 6.5¢ anson resources limited

Ann: Anson Progresses Bromine/Lithium Plant with Site Approval, page-8

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  1. 10,833 Posts.
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    Highlights of this announcement for me;

    1. The process of extracting Bromine and Iodine removes the need to chemically treat the brine prior to lithium extraction, cost saving #1.

    2. Waste disposal into well 16-1 removes the cost of disposing brine and/or solids, cost saving #2.

    3. No need for Bromine pilot plant, going straight to a ready-built modular production plant. Easy process, easy install.

    4. The announcement clearly reiterates their goal of "multiple mineral/multiple revenue strategy", in terms operating costs the combination of cost savings and multiple revenues is a path to success.

    All IMO
 
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