ASN 2.60% 7.5¢ anson resources limited

US Dept of Energy, page-19

  1. 11,056 Posts.
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    Well MAN did raise $12m at 20 cents oversubscribed on their Western Australia project nearby CHN with gold copper platinum, then immediately after that COVID hit and everything shut down

    So agree diversity is good, but as we see at ASN, they spent all their money on Paradox Basin lithium and now what, we have a lithium market in a bad state, of course in fairness to ASN it's easy to see now in hindsight.

    im sure if ASN knew the lithium market was about to hit the skids they would have not gone so hard and conserved cash, but hindsight is a wonderful thing.
 
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