ASN 0.00% 7.7¢ anson resources limited

Ann: Quarterly Activities and Cashflow Report, page-195

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  1. 11,247 Posts.
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    As we can see with GLN, companies with high cash burn rates in the Lithium sector are really struggling.
    ASN we saw from last week's quarterly report showing only 1 quarter bof cash left, then it's 3 more quarters until the $30m debt facility is fully drawn down.

    this is why I say, in this treacherous lithium market, cash conservation is absolutely key.

    what are your thoughts Chris2182 on the 1 quarter of cash left for ASN the only 3 quarters until the $30m loan facility is fully drawn?

    do you like to answer the hard questions ?
    Last edited by sharebroker1: 31/07/24
 
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