ASN 1.45% 6.8¢ anson resources limited

ASN General Discussion, page-9326

  1. 181 Posts.
    lightbulb Created with Sketch. 72
    I'm just trying to get my head around this.
    Can someone confirm this.
    Looking at LTR's figures they claim they will be mining 500,000t spodumene 6% per annum for 23 years.
    My calculations give them a resource of around 700,000t of battery grade (call it 100% lithium carbonate).
    With trading today that gives them a MC of over $5B.
    Our current resource of over 1Mt is also for (call it 100% lithium carbonate).
    Is them some sort of imbalance here ?
 
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