Ann: Anson Signs Paradox Bromine MOU with TETRA Technologies, Inc, page-29

Good announcement in that it progresses the Bromine play. Tick

Brief research indicates these guys were nearly down and out at one point but are making good recovery in recent quarters and their last quarterly suggest the rather large US$220 debt is coming down by US36m last quarter to US$18, though they are making losses, albeit also coming down. Heavily dependent on the O&G industry fortunes

They have a big lithium and bromine project in Arkansas and I get the feeling they are trying to tilt away from oil and gas and become a little more carbon friendly/ I think Paradox could be a good fit for them, but if we are expecting a mass of funding to come from them I would hold fire for now on the enthusiasm.

Tetra Technologies share price, weekly, does not present a pretty picture, though it does appear to be a turnaround story. You would be laughing if you had got in late 2020



TETRA Technologies, Inc. Announces Second Quarter 2021 Results, Attainment Of Low Carbon Energy Milestones And Secures Multiple Deepwater Awards - Aug 2, 2021



So I think our new partner is headed in the right direction - their tech and our resource may make a good partnership. I do wonder if they will make a tilt for us though if they like what they see during their investigations, despite what I said about debt, because it is in the space that they seem to be moving towards. and they could get ASN for a steal right now