ASN has some Interesting takeaways that i have noticed both...

ASN has some Interesting takeaways that i have noticed both positive & negatives.

1. They are not overly Diluted so when push comes to shove the SP can rise quicker as to oppose to some companies that have been diluted too much when they were sub 1c.
2. ASN has a 56km patch that borders the south western line of CHN ( good Position) close to Perth .. those who are comparing CHN to ASN needn't bother... ASN purchased 56km2 off scant resources 56km2 , whom i cant find much about as they were only created in 2018. ( anyone know of them ?) , So CHN has 1000's of km2's compared to everyone surrounding the Jumilar area . Maybe ENX is the closest in size,

12 months for a drilling Permit then Heritage permits etc ( due anytime) .. this could take well into June .. Once approved they need a drill rig or two to start the initial drilling then results pending .. this would push well into August. Pending results for another player to be interested in taking over lease and turning the exploration into a mine.. still a plethora of permits needed for that . JV perhaps

Novonix results due in June. It has previously stated that the Lithium un officially was 99.9% which ok but anyone who knows these numbers relizes that 99.91% and 99.98% is quite a difference in high end Lithium . To see a substantial rise in SP it would need to be in the higher echelon to help attract investors , So that combined with the PFS if results are in the 99% will definitely give the SP a boost.. Then there is the Plant.
I'm not sure regarding what methods they are going to do to extract the Lithium carbonate , RA ( reverse Osmosis ) quickest and most efficient or the old fashion evap ponds ( Taking Months) surely this wouldn't be the case. I need to know more about the mobile plant they intend to build and how long this takes.

So all in all you can try and build a time line regarding what is coming through and then predict the SP for the remainder of 2021 and beyond( easier said than done) . Do we get an offtake agreement after lithium samples and PFS come through .. what's the timeline from then through to production . if that happens does the drilling and results in the next few months at Jumilar hold firm the SP.

Interesting few months ahead.

This is Obviously my take on this stock any helpful information or corrections would be welcomed.

Cheers