ASN 1.54% 6.6¢ anson resources limited

Ann: Extension of Voluntary Suspension, page-103

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    LKE capex and opex is a worry yes, and they only have lithium and no cash. PFS reliant on average price US$11,000/tonne and 40% of Opex costs are energy which can be improved by solar panels.

    ASN have a major cornerstone investor, multiple minerals, USA based, access to roads and electricity.

    I don’t believe the poor reaction to LKE’s PFS has anything to do the economics but everything to do with the global market sentiment right now. Global pandemic and you’re using that as doom and gloom ammo against ASN, pretty poor argument.
 
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