ASN 0.00% 12.0¢ anson resources limited

As lithium prices rise, the value of ASN will continue to...

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    As lithium prices rise, the value of ASN will continue to increase. Currently, the price increase is on the right track. Within the PEA ASN has calculated with 13.000US$. This corresponds to a Li price of approx. 83,700 CYN$.

    Lithium-price development
    https://hotcopper.com.au/data/attachments/2888/2888600-e8f622ec10c247d0f09664ef0ca4063c.jpg


    Bromine prices to reach $5,280 in 2024 (expected production start)

    https://hotcopper.com.au/data/attachments/2888/2888631-61abd01e0d22cb92f798c03999b45885.jpg


    The PEA was calculated with an EBIT of $69.8 million. This figure is only composed of Br. Li is not included and has yet to be added.

    https://hotcopper.com.au/data/attachments/2888/2888605-142e3de9fecba11fbbfe6ac599765e18.jpg

    All in all, the outlook is very positive and Anson Resource's current market capitalization will be a multiple of the reported EBIT (which needs to be increased from the current status quo by the expected lithium EBIT).


 
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