Some quality news. Transitioning from inferred to a measured resource is an absolute requirement for funding. Is this a coincidence? Non binding letter, re-entry approvals after more than 2 years.
No doubt Koch involvement may help save ASN from red tape destruction at the PB. Well done management. A flicker of hope still burns here .. The market has been too scorned by previous ASN failures to respond positively.
A binding finance agreement will be the key catalyst here. No matter what is said. It will all be seen as hollow promises until the finance is binding. Then things will move very quickly.
Sentiment moves from HOLD to BUY again.
ASN Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
