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Phoenix Water - PXW - Lithium - 100x, page-1985

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OneGoodTrade

534 Posts.

9

11/07/24

19:31

Post #: 74714791
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Originally posted by OneGoodTrade: ↑

Anson Resources Mktcap $144M (excl cash) with 1/5 in production capacity (13K tpa vs 65ktpa) with 139 PPM grade compared to 400PPM.
Surely we can't be valued at $200M.

Anyone has idea? Should we be receiving revise share holding statement post Stock Split?
Under Corporation Act we should get notified with our revised holdings in a month time. But Phoenix is out of the scope of Corporation Act. So unsure.
We had meeting on 3rd of June, the company should update their share register for stock spilt by now.

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38 days post stock split meeting. So far no capital raising.... Good sign?

Anson started building pilot plant today market cap crossed $200M. Jason (CPS) discussed Anson in last years Webinar. Low grade and 1/5 with production capacity.
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