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6.8¢ anson resources limited

Ann: Anson Increases Resource Expansion Program at Paradox, page-9

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razmoo

169 Posts.

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24/02/22

09:34

Post #: 59780117
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Originally posted by Kotaredrew: ↑

Do like how they’re focussing on the Lithium/bromine first. Really hot industry, great money spinner and big potential for the Co.
Was always a little worried with having too many projects on the go at once- leads to dilution, low SP and Co losing focus.
Also don’t want to see JVs at this stage- would love to get the Paradox project nailed down first, then continue to slowly transition to other projects- finally being able to be a multi metal/resource Co.
If we were to focus on all- a JV would probably leave us with just a 30% stake in one like the Bull- whereas would love to have money coming in while exploring and hopefully hitting juicy targets.
Whats others thoughts? Or just JV out and get it done now?

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I'd prefer they focus on a single project (paradox), start making money or at least prove they can make money, and then fund other projects like the Bull.
Shotgun approach with limited resources doesn't seem like a good idea to me.

Bull isn't going anywhere.

Bought around 300,000 shares yesterday at 0.105

ASN Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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