ASN 1.02% 9.7¢ anson resources limited

News: ASN Anson Resources Announces Placement, page-48

  1. 10,414 Posts.
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    Who knows, funding for PP might come from 'interested parties'.

    "Pilot plant funding:Anson intends to fund the pilot plant from part of the proceeds of the Security Purchase Plan currently open for participation by eligible shareholders and is in discussion with parties which have expressed interest in participating in the Project."

    I wonder why ASN have been adamant in sending 20kg to potential clients well ahead of any building of infrastructure.

    In terms of dilution, anything sub 1 billion SOI when production starts is favorable IMO.
 
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