Many shareholders might didnot realize how significant this Ann...

Many shareholders might didnot realize how significant this Ann is. 

I just repeat one point. 

Iodine's 2017 price is USD26,500/ton,  even ASN produce 500 ton per year from small size pilot plant, 

26, 500*500 = USD13,250,000

ASN total shares 500,000,000

13, 250,000/500,000,000 =USD 0.026

The industry PE 10 to 20 times, we use 10 times

1. ASN share price with Iodine only and yearly production 500 ton,  ASN share price = USD0. 26

2. Also, the Pilot plant for Iodine might be the ATM for ASN, so, ASN donot need any CR before lithium and other minerals' full production. 

Above just roughly calculation with no costs invoved. 

DYOR