ASN 5.63% 7.5¢ anson resources limited

Starting a new thread to compare the two companies to try...

  1. 10,833 Posts.
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    Starting a new thread to compare the two companies to try understand the huge difference in market cap.

    Both involved in new DLE lithium tech.
    Both have approximately the same shares on issue.
    Both have successfully produced lithium sample.
    Both have completed pilot testing.
    Both currently testing battery grade lithium at Novonix.


    ASN:
    - Multiple minerals Lithium, Bromine, Ni/Cu/PGE, Vanadium/Uranium, Graphite.
    - Multiple projects, Paradox focus.
    - DLE tech Southwest Technologies.
    - USA & Australia projects.
    - PEA completed, PFS in progress.
    - Market Cap $80 million
    - Paradox mine life EBITDA total US$8,987,000,000

    LKE:
    - Lithium only
    - 5 projects all in Argentina, Kachi focus.
    - DLE tech Lilac.
    - No PEA, completed PFS, started DFS.
    - Market Cap $400 million
    - Kachi mine life EBITDA total US$3,890,000,000


    Regardless of lithium quantities of both primary projects, ASN has a substantial Bromine resource in addition to lithium which heavily contributes to total financials.

    Please include factual information only.
 
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