ASN 4.69% 6.1¢ anson resources limited

Ann: Anson Intercepts Large Brine Flow at the Skyline Unit 1 Well, page-31

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  1. 956 Posts.
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    RJ I agree with you on this and I think although Bruce tried to point it out in the announcement it looks like the market has missed this vital clue unfortunately. I also agree with others though that after GB2 the market will want to see actual assay results before people get excited this time. There was too much hype on the results last time and they came in a hell of alot lower than anyone expected.

    As for time for assays indicating if the results are good or bad I dont think you can compare to GLN (nice little cross promo tho lol). GB2 took alot longer last time not because the results were bad but because ASN sent them to a "normal" lab for analysis. That lab tried to process the brines for assaying but because these brines come from an oilfield they are very unique and the "normal" lab couldn't process them correctly so then Bruce had to later send them off to a lab that specialises in oil field brines. This time around he stated in the announcement that the assays will be done by "a certified lab in Texas, experienced in oil field brines.....with results expected towards the end of March 2019". I too dont want people to put unrealistic expectations on when these assays will come back or think if they are delayed that means they are bad. Bruce has said they will be in by the end of March 2019 and we should all just work off that IMO as thats the best info we currently have.
    Last edited by speedyl: 27/02/19
 
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