ASN 0.00% 12.0¢ anson resources limited

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  1. 1,502 Posts.
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    @elpsy True, but FA has come to the party this time. First two tries were driven by sector fever but the company delivered doughnuts, hence the pull backs. This time it coincides with drilling commencing and the Second Coming of ASN.

    ASN is a funny one, they've not followed the normal play book for project development by a minnow explorer. They missed the bit where you prove up a sufficient resource and then do the production process development. But they are proving up that resource now, starting next week. And with all the R&D already in the bank, they should leap frog forward following resource upgrade.

    50c by 1 July 22 has been mentioned by a few, it is a very realistic target if they can prove up the resource with the drilling that has just commenced. Known data suggests that this is largely an academic box tick.
    Last edited by strazza: 01/04/22
 
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