Just a suggestion, I recommend we discuss the Arrowhead report thoroughly. This is a report commissioned by ASN, so it might as well be like an announcement. It's Asn's words coming out of someone else's mouth. Basically the company is saying we have a $6 billion plus resource as worst case scenario. It also says we are on track with timeline. Recovery rates of Li would have been estimated in order to work out the tonnage. All this info would have been supplied by ASN( other general market info would have been researched). All estimates would have been conservative in nature as this is a Due Diligence Valuation Report. The report values Asn at 13-18c and the NPV at 17-27c. There are some good posts regarding those figures over the weekend that suggests it's way undervalued.
It's not premature to discuss SP now, the report was done partly for that purpose ie valuation. In fact, it's no longer a time to discuss whether we have a company or not, Li or not, etc that's behind us %100.
We have a company now what is it worth???
atm, if anyone can shed some light on operating costs that would be great. Operating cost is our biggest unknown right now.
Good old fireside chat, page-5949
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