ASN 0.00% 7.6¢ anson resources limited

Ann: Bromine Piloting Successful, page-44

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  1. 10,744 Posts.
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    I think that the above announcement has a lot to do with chia asking for option 2 at 5 cents a share and option 3 at 8 cents a share.
    Almost a month since this announcement ,and Chia would know more on potential customers for the Bromine being that they are a Chinese company that invests and trades in minerals and chemicals.
    Chia would have a good idea on the likeliness of a offtake for the Bromine ,so would explain there generous offer and only having 3 months to take up option 2 and 3 in the financing package.
    A Bromine offtake is coming very soon I reckon ,and it may even be Chia if they think its more profit in it rather than allow another chemical processor or trader to take up the Bromine.
 
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