ASN 8.33% 13.0¢ anson resources limited

Ann: Quarterly Activities and Cashflow Report, page-26

  1. 9,135 Posts.
    lightbulb Created with Sketch. 2076
    It's pretty clear they have 4 projects in the go and starting a fifth even if Uranium is starting too move is a bridge to far and would stretch finances to much restricting the other projects .......
    Peeps can make their own minds up about this but for I'm happy with this for 2 reasons :

    A) they have come out in announcement and communicated this to SHs which is a step in the right direction yes it's a little late but better late than never .

    B) Even though there has been substantial acquisitions and a substantial recruitment drive this hasn't meant that they are incapable of financial restraint which bodes well for the future , this shows they're not prepared to risk the business as a whole to chase other targets this is understandable considering the board are all shareholders and considerable SHs at that .

    warmest regards TT
 
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