Australia's largest stock trading and investment forum Australia's #1 stock forum

ASN

Click for more information

2.15%

9.1¢ anson resources limited

ASN 2021 and beyond, page-64

First 64 Last

Share
Profile

Follow
the technician

9,437 Posts.

2195

07/11/21

21:20

Post #: 57382361
Share

Originally posted by strazza: ↑

2700t LCE and 15000t NaBr in Stage 1. Current NaBr price is UD$10,000/t, MOU with Tetra (they already produce Br from brines in Arkansas), they are currently doing testing, Tetra looking to be offtake partner and possibly run the NaBr plant. Production cost of NaBr in the latest PEA is $377/t. Yes you read that right, production cost is 3.77% of current sale price on Echemi website.

It's modular in design with two plants in series, one extracting Li, one extracting Br. Future Stage 2 plan is to add 3 more modules to a total of 10,800t LCE and 60,000t NaBr. That will give a NPV of ~$4B (I think). The market has been asleep to the true value as it has only looked at the lithium, but it is waking up now. Time to get in is now, lot of upside once the market realises the total project value, not just the lithium.

Expand

you know the current PEA @ $250,000,000 roughly for just the 2 resources is nothing to sneeze at , but the industries problem is supply so you are right and it is a little bit mute . Just for shits and giggles I said that it would be funny if oil comes out of these new entries but what if 1500 ppm came out as originally indicated , I think I would just about cry !! GLTAH Regards TT

ASN Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

KCC

Kincora to unlock key copper-gold province with three new licenses in NSW

IDA

Minos REE prospect looks promising for Indiana, with 90.5% TREE recoveries

CXO

Lithium Australia sells Charger Metals shares to Core Lithium; divests Bynoe stake for $500K

EMN

Euro Manganese inks offtake term sheet with Irish chem company Femocat Ltd

There are more pages in this discussion • 12 more messages in this thread...

First 64 Last

Add ASN (ASX) to my watchlist

(20min delay)
Last 9.1¢		Change -0.002(2.15%)		Mkt cap ! $120.1M

Open	High	Low	Value	Volume
9.3¢	9.3¢	9.1¢	$69.89K	764.4K

Buyers (Bids)

No.	Vol.	Price($)
2	16882	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	54526	2

View Market Depth

No.	Vol.	Price($)
1	6882	0.091
10	412823	0.090
1	100000	0.089
3	225927	0.088
1	69505	0.087

Price($)	Vol.	No.
0.092	54526	2
0.093	37677	3
0.095	20000	1
0.096	108300	3
0.097	501693	2

Last trade - 10.07am 09/09/2024 (20 minute delay)

ASN (ASX) Chart