ASN 2.00% 12.3¢ anson resources limited

ASN General Discussion, page-12559

  1. 75 Posts.
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    I do not see a low Lithium concentration as a huge risk given what an earby brine comparable Alberta project PEA shows. Recently, I did an in depth Alberta,Canada DD and liked what I found and added two Alberta brine projects to my Lithium investments. The one that compares with VLT is far more advanced with a very conservative published PEA. It works using a Lithium concentration ranging between68-72 mg/l. Given that VLT has a preliminary reservoir concentration of 101-121 mg/l and lab extraction effectiveness at 32 mg/l, I do notworry about this variable. The biggest risks IMO are: 1) whether the technology will scale, 2) the process efficiently deliver an end product with minimal contaminants and 3) the profile of the chosen initial oil company partner in Alberta. BTW, I am not trying to push this stock. My only intention is to bring to the HC community new potential technologies and processes. Thus, I will not pursue this one any further.

    Last edited by argeliom: 27/06/23
 
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