Australia's largest stock trading and investment forum Australia's #1 stock forum

ASN

Click for more information

3.37%

9.2¢ anson resources limited

ASN General Discussion, page-20823

First 20823 Last

Share
Profile

Follow
Mark1955

1,760 Posts.

207

05/08/24

10:58

Post #: 75070548
Share

Originally posted by jwangkii: ↑

Exactly.

".. have been granted US$1 million to conduct relevant field
work and research to address the following item: ‘Characterizing and Estimating Reserves of
Lithium and Other Critical Minerals in the Paradox Basin, Utah.’" ---- this is a research project with a research title. Anyone who has been involved in research collaboration with universities will know that most projects end up with publications and nothing else. Plus 1Million grant, 2-3 PhDs from Uni of Utah will take 300k away easily, plus certain portion taken by the Lab, with about 300-400k left if lucky, will any hole be able to be drilled？ It is just a collaborated research project with certain research grant from the gov. that is it and nothing else.

As Kotaredrew mentioned, ASN has been working in writing up the rules of DLE extraction with brine for the nation and is the one who spent millions of dollars on real drilling, tenement expansion and resource upgrade, all of which are the necessary path for a mining company to become success.

Expand

So why not give the money to ASN in recognition of what they've already done?
Waste of money giving it to the other mob and a poor reflection on DOE IMO

ASN Price at posting: 10.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

CYL

Catalyst ups 3Y gold production guidance by 100,000oz on back of 1Moz resource

MAY

HotCopper users liking Melbana Energy's news it's becoming an oil producer; shares jump +47%

XRG

XReality Group wins US defence contract to supply training tech for $5.6M

REA

UK-based Rightmove knocks back REA Group's acquisition proposal

AAM

AuMega drilling program extends gold mineralisation at Canadian play

There are more pages in this discussion • 297 more messages in this thread...

First 20823 Last

Add ASN (ASX) to my watchlist

(20min delay)
Last 9.2¢		Change 0.003(3.37%)		Mkt cap ! $118.8M

Open	High	Low	Value	Volume
8.7¢	9.5¢	8.7¢	$61.72K	676.1K

Buyers (Bids)

No.	Vol.	Price($)
4	321553	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	16931	1

View Market Depth

No.	Vol.	Price($)
4	321553	0.091
2	78749	0.090
2	48313	0.089
4	107312	0.088
4	356583	0.087

Price($)	Vol.	No.
0.094	16931	1
0.095	29244	2
0.096	68300	3
0.097	55000	1
0.098	145000	1

Last trade - 11.35am 11/09/2024 (20 minute delay)

ASN (ASX) Chart