ASN 3.33% 14.5¢ anson resources limited

Ann: Anson to Commence Uranium/Vanadium Exploration Program, page-27

  1. 152 Posts.
    lightbulb Created with Sketch. 76
    This company basically has F-all capital in the bank. Why are they spending it on drilling for Uranium? Shouldn't they be using every last cent on progressing Paradox?

    Or is it hidden in the wording around the start date: "scheduled to commence over the coming weeks starting with further data compilation and geochemical sampling ahead of a proposed shallow drilling program."

    Is this really just code for??:

    "We haven't got much cash so we will do some drilling when we can afford it. Probably after a few more good announcements and a juicy cap raise"



 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
-0.005(3.33%)
Mkt cap ! $193.5M
Open High Low Value Volume
15.0¢ 15.0¢ 14.0¢ $185.2K 1.258M

Buyers (Bids)

No. Vol. Price($)
3 161582 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 395008 5
View Market Depth
Last trade - 12.34pm 17/07/2024 (20 minute delay) ?
ASN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.