ASN 0.00% 9.6¢ anson resources limited

Anson was working on this project just as they acquired the...

  1. 10,580 Posts.
    lightbulb Created with Sketch. 2094
    Anson was working on this project just as they acquired the first Paradox Basin agreement then additional land, at the time the share price spiked to about 6 cents a share on the Paradox deal.
    As Paradox was only just acquired, the company then spent all the money on doing a JORC a Mary springs that resulted in the share price falling, and a cap raise being done at 1 cent a share with a one for two free option, I was one of the few who got to buy shares on market for 1 cent a share.
    Fast forward to now it appears that the decision to do a JORC on Mary springs was a long term master stroke by management.
 
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