ASN 12.5% 10.5¢ anson resources limited

Why does it "begger belief"? From a strategic operational...

  1. 1,502 Posts.
    lightbulb Created with Sketch. 886
    Why does it "begger belief"? From a strategic operational perspective, I would not be surprised at all if they haven't sampled CZ31 at GR. In fact, I'd be surprised if they HAD. The Mississipian provided all they need from GR at present to progress the project. It makes no sense to take on more operational risk by plugging the Missi to move up and sample CZ31, to then plug CZ31 to move back down to Missi where they have been extracting from for the past couple of months. Remember the primary purpose of GR is to prove process in-field. That is exactly what they are doing.

    What matters is that they prove infield process, then secure offtakes and finance. The pathway to achieving those goals is always fluid, changing in response to new info as it comes to light. Everything I see indicates to me that that is exactly what ASN have been doing.
    Last edited by strazza: 08/07/24
 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.015(12.5%)
Mkt cap ! $135.5M
Open High Low Value Volume
11.5¢ 11.8¢ 10.5¢ $853.8K 8.012M

Buyers (Bids)

No. Vol. Price($)
28 2655620 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 325000 4
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
ASN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.