agreed, updated production schedule will likely start with 25ktpa for the first 5-10 years and then ramp down beyond that as it does currently with the caveat that western drilling strategy will be used to boost production in the later years (the same way CC32-1 was mentioned in the current production schedule), this will allow ASN to get in with vast amounts early and sell into a starved market as the 20 years beyond 2025 are more unclear on the supply/demand issue, though its fairly inevitable lithium will be in deficit for the foreseeable.. good news though, think bruce is tapped into the concept of a well timed announcement, the previous first CC32-1 result was released on a down day and kept us up, this was released on a massive up day to bring in interest, the logical thing to do would be just release all at once incl mississippian but a slow trickle of news keeps this in the front of peoples minds
ASN Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
