ASN 6.90% 13.5¢ anson resources limited

S.P prediction for 31 December., page-290

  1. 2,789 Posts.
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    I agree the comms have been bad but they clearly are hard at work, I know companies who just drag out the inevitable while paying themselves a huge wage and ASN isn't one of them, as of October ASN had 31m AUD which means they've only spent 20m since they raised in October 2022 and in that time they've acquired a new project, bought some land, commenced the FEED, commenced engineering studies and progressed other projects, on that logic ASN have another 18 months of funding so forced into a CR, respectfully, no..
    i bought ASN in 2022 for 9c with a plan to see how things were going in 2025, well it's 2024 and aside from being 500% up at one point it's still around the same prices and nothing has changed to the negative, as I pointed out nearly every other lithium company was heavily heavily down in 2023, there's no gatentee if the FEED came out in December or there's an offtake tomorrow that it would move the SP massively because lithium is just risky at the moment, I can say personally that if Trump wins the election in November I will be completely selling my holding, if ASN did everything right you still need people to look past the lithium industry risks and alot of people were burned on lithium in 2023
 
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