ASN Chart, page-3344

Have seen this too many times so just my two cents based on my experience with this share.

15c is hard to achieve at the moment. asn is NOT a mining company because the brine flow onto to the ground automatically. For the past 5 years they have been trying to figure chemical extraction method and process so they are a chemical processing company.

Compare asn now with a year ago, they have confirmed resource size and possible future cash flow and return and only recently confirmed what DLE method they will use. However, they haven’t figure ld out the detailed design of every step of the extraction process from brine to bromine and lithium end product at commercial scale which is what the market wants to see to really buy into them.

also their main product is bromine and lithium is a bit small at the moment.

Huge potential but let’s be realistic.

As I am writing the above I hoped I am wrong and we could see 20c today.