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

ASN

3.33%

14.5¢ anson resources limited

Good old fireside chat, page-11144

First 11144 Last

Share
Profile

Follow
speedyl

1,070 Posts.

1775

07/03/19

21:42

Post #: 37691467
Share

Originally posted by rjohnson1234 ↑

Mate, I love to research and look at various potential outcomes but at the end of the day none of us here "know" anymore than anyone else, particularly at this time!

We however know the CC brine is enough to be able to work based on what we have been told...…….that's great but the market is saying "we are watching and keen, but we don't want to jump in this time until we know your results"

To be frank that's not an unreasonable view to take. This will be our third entry and after that we will start to get an idea of our grades and whether we are getting closer to higher grades or not.

It follows therefore that should the grade of li be less than CC (around 100-142ppm) then we do not get a sp increase out of that. The sp growth will come when battery quality can be made and some off takes etc. However, the higher we are above the 100ppm range then the greater the sp explosion we get.

We all know whatever the grade is that I will be doing some new estimated resource calculations.

Nothing to do with me, but imo after next results the market will also do their calculations and a likely jorc may start to be factored into the SP.

I am not agitated , I am cautiously optimistic, I wouldn't be here if I was feeling any other way. Big kev is on standby!!

I am very much comforted and enthused as to the hiring spree been undertaken by bruce. Its a one man stimulus package. A small cap CEO does not hire more staff unless they are confident of where this is going. Does anyone think its coincidental the jobs have been advertised in the last week or so?????? Small cap ceos are renowned for not wanting to share the trough and to keep it all for themselves. So this is massive news that Bruce is hiring, and hiring very specialist positions he is not hiring "4 personal assistants".

Finally, Bruce has gone quiet on the tweets and I agree with that approach to keep quiet pending results. Further I think there should be no more anns until results, if there is good news nearly ready to be announced then I would hold off on that work to then piggy back off the results ann and the buyers will plough in like there is no tomorrow!

They are my thoughts, on balance, I predict we will be happy but time will tell, it always does!

Expand

I agree 100%. You dont go renting an office in Vegas, hiring 2 full time staff for it and then hiring a full time Finance Manager if you are not confident. In fact even more advanced companies I am invested in (not mentioning any names ) arent hiring any staff so this to me shows Bruce has huge confidence in this project being a very special apple indeed.

ASN Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
12 Upvote

3 Great analysis

Reply

Top Stories

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

AI stocks: What to expect in 2024-25

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

There are more pages in this discussion • 2,937 more messages in this thread...

First 11144 Last

Add ASN (ASX) to my watchlist

(20min delay)
Last 14.5¢		Change -0.005(3.33%)		Mkt cap ! $187.1M

Open	High	Low	Value	Volume
15.0¢	15.0¢	14.0¢	$237.1K	1.615M

Buyers (Bids)

No.	Vol.	Price($)
6	548841	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	164840	3

View Market Depth

No.	Vol.	Price($)
6	548841	0.145
6	406700	0.140
8	471133	0.135
8	437745	0.130
8	400006	0.125

Price($)	Vol.	No.
0.150	164840	3
0.155	729728	6
0.160	623906	8
0.165	669273	7
0.170	868288	17

Last trade - 16.10pm 17/07/2024 (20 minute delay)

ASN (ASX) Chart

Good old fireside chat, page-11144

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

AI stocks: What to expect in 2024-25

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Good old fireside chat, page-11144

Top Stories

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

AI stocks: What to expect in 2024-25

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News