ASN 1.30% 7.8¢ anson resources limited

Ann: Anson to Commence Brine Sampling Program at Cane Creek, page-11

  1. 1,340 Posts.
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    This announcement might lead some to believe results are bad and management are diverting attention.

    I think that is unlikely and management are persisting on their goal of defining a resource.. if lithium is in those brines (which is the most important fact) then we will be well on our way to having a defined resource allowing the company to: Develop a feasibility study -> production plan --> secure financing..

    It would be stupid for management to not do anything until results come in - essentially setting us back months if results are positive.

    Lets be honest - if results are bad the company will be worthless in no time regardless if they have a small cash reserve.
 
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