ASN 1.30% 7.6¢ anson resources limited

US Dept of Energy, page-13

  1. 11,247 Posts.
    lightbulb Created with Sketch. 684
    Thank you for your post Hamilton.

    Well this is why MAN using Electroflow to spend and produce lithium hydroxide through Electroflow funded pilot plant.

    it is interesting why Electroflow went with MAN is one of the questions I'm asking, this to me seems MAN is a take over target because MAN will not spend money here,they are getting others like Electroflow to spend.

    I guess MAN have seen from more advanced ASN that spending huge sums of money in a terrible lithium market is not a good idea

    With fairness to ASN though, noone including ASN could have seen the Lithium market in such a terrible state as it is now, hence GLN ASN and other Lithium explorers scrambling for cash while MAN gets Electroflow to fund the lot and MAN sits on its $15m cash warchest.

    I have no doubt the lithium market will improve but when , whilst the Chinese in control I fear not gir done time.

    warmest regards SB


    Last edited by sharebroker1: 23/08/24
 
watchlist Created with Sketch. Add ASN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.