ASN 2.56% 7.6¢ anson resources limited

Ann: Annual Report to Shareholders, page-23

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  1. 11,267 Posts.
    lightbulb Created with Sketch. 685
    ready to exploit?

    The company has no plant, no infrastructure and cash is extremely limited.

    IF the company gets the $US 330m LOAN, they say that will cover a substantial part of the infrastructure ( but not all) ?

    And yet here you are saying they are going to expoit this ? How exactly when the company at present after doing a CR would currently hold say $7- $8m with possibly a cash burn for the last 3 months of $4m ?

    You are dreaming, expolit it hmmm


 
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