Working off current GB2 and CC-32 results the average for Bromine is 4429ppm at $5000,00.00 a ton ,Iodine 264ppm at $26,500.00 a ton and Lithium 142ppm at $13,000.00 a ton (speculative estimate only).
That works out to a Equivalent value of a grade of 1611ppm at a value of $14,833.00 a ton.
What company in the world is there that can match that ? ,other than maybe one of the majors.
That's more than double what GLN has and about 5 times what AGY has ,not to mention a safer country to mine in with the lower USA tax and better regulations ,plus potentially much lower production processing costs.
And those numbers potentially could be much higher once the prime area of the Paradox Basin brine drill results are announced.
The main Lithium trader mob here on hotcopper ignore ASN and pump a few others ,but at the end of the day ,what will ultimately end up being the best investment ?.
ASN Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
