ASN 4.41% 6.5¢ anson resources limited

Ann: Anson Lease with Utah Government Extended, page-4

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  1. 6,476 Posts.
    lightbulb Created with Sketch. 3349
    Nicely said.

    For me I know based on what the company have said that the CC32 brine works, accordingly a lower result than CC32 and we are still fine as we know the 100ppm works. However if the grade is higher clearly it might make extraction easier and would excite the market.

    Having said that if the Li grade is below 100ppm then the SP will suffer short term as some sell without really knowing the story (and it might touch 5-6c again), on the other hand if the grade was high 100s or even in the 200s or above then its likely the SP will explode (20c plus range)
 
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