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ASN General Discussion, page-19477

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Barmad

194 Posts.

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06/05/24

01:13

Post #: 73675833
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Originally posted by the technician: ↑

Ok yes and yes BUT ..........

4/ Sale of assets is another one and there's a few different ways to dice that up .
5/ A State based loan (UTAH) for which there are many options .
6/ A bank loan or commercial lending entity such as an export credit agency - been previously mentioned by Bruce in addition this COULD BE WHOLLY UNDER WRITTEN by the DOE-LPO and by extension the US TREASURY a sort of guarantor.
7/ a mixture of the first 6

Also some further info ......

1/ ASN don't have any grant applications in place in addition I have confirmed for my own personal knowledge that ASN couldn't receive prorata accruement of the 50% spend by the applicant for a grant .
In addition the DOE-LPO loan application is not submitted and will not be until all the boxes are ticked once all the boxes are ticked I had it confirmed that Conditional Approval is almost instantly , furthermore I have had it confirmed that the previous 18 month period to gain Final Approval has now been fast tracked to 6 months DOE-LPO bowing to treasury pressure .

2/ there is one more option for OTAs a forward payment for the discounted LCE for 1 year or all 5 years in addition to the equity placement by LG or not or a combination of any of .

I don't hope and I don't need management to tell me either that ASN is in the box seat an I have no doubt there will be no equity raise especially at a discount and if I wear egg on my face for stating this so be it .

ASN is literally in the right place at the right time
- BEV and ESS demand despite all the noise is exponentially ramping supply has shortened via western supply and then shortened further via Leshitolite supply .

- the consistent low place in the cost curve is a pivotal point ASN @ roughly $4k USD soon IMO going to $3k USD and this is without any credits remember this bit about credits when you do your checks it's a very important point . For the record if ASN included credits it would cost nothing to produce the highest quality BG products .

- Consistent supply of BG or better LCE outside of China with and this is important virtually no shipping to market !!

- this LG contract was IMHO Compass Minerals contract but considering they gained the contract under a false pretence and have now completely given up on Lithium who else do you think might look ASNs way ? INR have a binding contract with Panasonic for 6000 Mtpa LCE but when is that going to happen ?
the point is it's a race and if ASN is going to be producing in July 2027 ask yourself who else will be and also who if anyone could possibly overlook ASN ? The answer is not many how long do entities like LG PANASONIC CATL AND OEM CAR MANUFACTURERS HAVE TO WAIT TO MAKE THESE GIGAPLANTS PRODUCTIVE?

I disagree with your assertion regarding the DFS plant changing and becoming a MEGAPLANT ...... some will laugh at this statement but honestly there's not enough money and more importantly time to make
it happen so it will be either the DFS amount or close to it what maybe different is there maybe an earlier add on of a boric acid circuit .

As for yellow cat it will be drilled and a JoRc compliant resource will be announced to market this year ....... I already know there is somewhere between 1 million and 2 million pounds of U2O3 there drilling is merely a formality .

Anyway my 2 cents worth Cheers TT

Expand

Amazing analysis @thetecnician. Thats a lot to take in and digest.

Thank you for sharing. Im glad Bruce has such options and once again confirm my support for him and the team.

Despite everyrhing thats been thrown at ASN to delay or stop them, they really have done an amazing job getting us here in the poll position of this race.

Exciting times ahead indeed.

Cheers

ASN Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
21 Upvote

0 Great analysis

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ASN General Discussion, page-19477

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

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ASN General Discussion, page-19477

Top Stories

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Lendlease sells off US east coast construction operations in latest global divestment push

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Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

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