Hahaha you think the lithium market is alive? ASN burning through $9m per quarter with less than a quarter cash left and then 3 quarters after that till they have a fully drawn down $30m debt facility.
So in a years time ASN could well be out of cash and in debt to the tune of $30m according to last week's quarterly report,?
The lithium market is dead, why would ASN spend $9m per quarter on a lithium project that has an environmental halt on it and no guarantee it will be lifted.
ASN Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
