ASN 0.00% 7.7¢ anson resources limited

Ann: Anson Increases JORC Mineral Resource, page-19

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  1. 809 Posts.
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    Thanks for these calculations sandfire gives us a guide on possible gross cash flow from Br with potential to increase resource
    If the Br process is economical and we can net say (just a guess) US2,000 a tonne that would equate to around US3,000,000 that would be a reasonable start with plenty of upside as other minerals are extracted down the track
    ultimately we need to be netting around US10,000,000 as I'm guessing we will have around 1 billion shares on issue to see a market cap in the 200-300 million range in other words 20-30c range
    Not holding my breath on Li at this stage but Br looking positive, naturally many factors come in to play regarding potential but my thoughts are based on current information at hand


 
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