ASN 8.33% 13.0¢ anson resources limited

Ann: Anson Estimates Maiden JORC Mineral Resource, page-95

  1. 3,463 Posts.
    lightbulb Created with Sketch. 3013
    A lot of people are throwing around that US$4.5b JORC resource value. Using that same logic and pricing, LKEs Kachi resource is worth US$54b, which is absurd. Of course those dollar figures mean very little without knowing costs of production and recovery rates at scale etc.
    That is the important information the investment community needs to make any decision to jump on ASN.
    The market is used to seeing Lithium brine JORC LCE resources in the millions of tonnes and at higher ppm.

    DYOR
 
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