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

ASN

4.11%

7.0¢ anson resources limited

Thanks for the great info... much appreciated

First 10 Last

Share
Profile

Follow
Bigfish01

356 Posts.

13

01/01/18

15:18

Post #: 29967260
Share

Originally posted by 1sharetrader1 ↑

Everyone knows that the historical high grades have been recorded on or near the cane creek anticline.
It was stated in one on Ansons announcements that the brine flows have more likely travelled from the cane creek anticline to the kings bottom syncline.
GB2 is right on the kings bottom syncline and exactly at the deepest part of the basin.
Brine is heavier than water ,so it is anticipated that the highest mineralize brine concentrations in the basin would have settled at the deepest catchment point ,and it appears that the brines also are flowing in a canes creek to kings bottom direction.
I invested in this company because of this GB2 location ,I only invest long term in a company if I think they will strike one of the biggest resources in the world.
Due to what we know and the above expectations ,there is every reason to expect that the Lithium grade could be much higher at the Kings bottom syncline compared to the Cane creek anticline.
It is my opinion that the GB2 well is at the sweetest spot of the entire Paradox basin.
If IM right the re rate would be much larger than most would think ,much bigger than ORE in my opinion.
If the grade is 1000 ppm or more at clastic zone 31 ,I will be holding for many years to come.

Expand

Thanks for the great info... much appreciated

ASN Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

What each US election outcome would mean for Australian companies & investors

There are more pages in this discussion • 33 more messages in this thread...

First 10 Last

Add ASN (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change -0.003(4.11%)		Mkt cap ! $96.92M

Open	High	Low	Value	Volume
7.1¢	7.2¢	7.0¢	$83.33K	1.175M

Buyers (Bids)

No.	Vol.	Price($)
5	198992	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	45992	1

View Market Depth

No.	Vol.	Price($)
5	198992	0.069
4	203300	0.068
3	334925	0.067
7	347272	0.066
8	732693	0.065

Price($)	Vol.	No.
0.070	45992	1
0.073	153635	3
0.077	355000	4
0.078	218649	3
0.079	448657	7

Last trade - 16.10pm 01/11/2024 (20 minute delay)

ASN (ASX) Chart

Thanks for the great info... much appreciated

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

What each US election outcome would mean for Australian companies & investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks for the great info... much appreciated

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

What each US election outcome would mean for Australian companies & investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News