Interesting thoughts - yes maybe a large equity injection- and take a position I think these large oil and gas companies have such enormous cash flows- even at say $3 per share- it’s absolute petty cash- Whilst I’d luv to see this through until the multi minerals strategy is in production , the realist within tells me I’m dreaming!!! there is just too much juicy earnings on offer too many juicy minerals, all with ridiculous long life production profiles, with all subject minerals in forecast short supply and all forecast to increase in pricing- for extremely low capex and opex
realistically imo someone ( maybe more) are literally waiting for the right opportunity- and I don’t think they would care too much about offtake or finance - because they can sort that themselves permitting is probably the main concern for them as I think they would think it’s easier for asn to get across under the radar than say shell exon Mobil or even a drilling contractor wishing to become a producer to hedge future revenue splits just imo
ASN Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
