Ann: Anson Confirms Higher Graphite Grades at Depth, page-15

Your spot on Bilbobagga 5-6c is a fair value for ASN, release of ULI news may increase it too.

However, being sold down has one positive affect. When we do get some news and the market realises how cheap we are to others for our quality of lithium, it'll help us trade on momentum as investors have the fear of missing out. Which means we could potentially become overbought and see values as high as 8-9c for a short period of time. For those who like to have a little risk here and there, it may present a good time to take profit and wait for it to cool down and buy back in. Others may wish to just ride the trend, ASN has a bright future. However, depending on the news flow, it might establish as our new fair value. IMO those who are contemplating whether to buy, good time to accumulate now. ULI announcement could be anyday, and we might see grades as high as 1,700ppm.

So it'll be interesting to see the market physcology when we do get some announcments. This is one stock that we all should be prepared to stay in and be patient with, good exploration grades and demand for lithium is only going to increase.