ASN 0.00% 12.0¢ anson resources limited

Hahaha you think the lithium market is alive?ASN burning through...

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    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.

 
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