ASN 0.79% 6.4¢ anson resources limited

Good old fireside chat, page-10391

  1. 4,054 Posts.
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    You said

    "Personaly I'm disappointed that there was an influx of news then a cap raise, and then the news became much slower. Hopefully something soon though"

    I hate to say it but that is the main criticism I have of this company.

    During the last cap raise, management were falling over themselves to announce stuff every day or so.....I'm sure at one point there was ann's

    -"Anson pleased to confirm executive grand poobah chairman has booked into a new motel, encouraging results expected from the new toaster "

    and the next day

    -"Anson encouraged by results from the new motel toaster, toast presently been sent by large man, with large dog and large ute to east coast for testing"

    I am not suggesting news is been withheld but it would be unfortunate if the same approach was adopted later this year when more funds will be required. Yes newsflow is needed to encourage investors at raise time, but 99% of those sophs who bought at last raise are long gone having mostly sold at a loss and we long termers sit around been fed some scraps occasionally.

    For now I will give the benefit of the doubt and that an update about the pilot plant is imminent and that exciting news flow about toast or perhaps even lithium or other minerals will occur all the time and not just at raise time!

    Having said all of that I remain extremely confident based on my research but management are scored a 6/10 for their communication with holders and ramping beyond the norm only at cash raise time.
 
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