Australia's largest stock trading and investment forum Australia's #1 stock forum

ASN

1.56%

6.3¢ anson resources limited

Good old fireside chat, page-11146

First 11146 Last

Share
Profile

Follow
speedyl

956 Posts.

1317

07/03/19

21:42

Post #: 37691467
Share

Originally posted by rjohnson1234 ↑

Mate, I love to research and look at various potential outcomes but at the end of the day none of us here "know" anymore than anyone else, particularly at this time!

We however know the CC brine is enough to be able to work based on what we have been told...…….that's great but the market is saying "we are watching and keen, but we don't want to jump in this time until we know your results"

To be frank that's not an unreasonable view to take. This will be our third entry and after that we will start to get an idea of our grades and whether we are getting closer to higher grades or not.

It follows therefore that should the grade of li be less than CC (around 100-142ppm) then we do not get a sp increase out of that. The sp growth will come when battery quality can be made and some off takes etc. However, the higher we are above the 100ppm range then the greater the sp explosion we get.

We all know whatever the grade is that I will be doing some new estimated resource calculations.

Nothing to do with me, but imo after next results the market will also do their calculations and a likely jorc may start to be factored into the SP.

I am not agitated , I am cautiously optimistic, I wouldn't be here if I was feeling any other way. Big kev is on standby!!

I am very much comforted and enthused as to the hiring spree been undertaken by bruce. Its a one man stimulus package. A small cap CEO does not hire more staff unless they are confident of where this is going. Does anyone think its coincidental the jobs have been advertised in the last week or so?????? Small cap ceos are renowned for not wanting to share the trough and to keep it all for themselves. So this is massive news that Bruce is hiring, and hiring very specialist positions he is not hiring "4 personal assistants".

Finally, Bruce has gone quiet on the tweets and I agree with that approach to keep quiet pending results. Further I think there should be no more anns until results, if there is good news nearly ready to be announced then I would hold off on that work to then piggy back off the results ann and the buyers will plough in like there is no tomorrow!

They are my thoughts, on balance, I predict we will be happy but time will tell, it always does!

Expand

I agree 100%. You dont go renting an office in Vegas, hiring 2 full time staff for it and then hiring a full time Finance Manager if you are not confident. In fact even more advanced companies I am invested in (not mentioning any names ) arent hiring any staff so this to me shows Bruce has huge confidence in this project being a very special apple indeed.

ASN Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
12 Upvote

3 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

There are more pages in this discussion • 570 more messages in this thread...

First 11146 Last

Add ASN (ASX) to my watchlist

(20min delay)
Last 6.3¢		Change -0.001(1.56%)		Mkt cap ! $113.7M

Open	High	Low	Value	Volume
6.4¢	6.5¢	6.3¢	$51.26K	807.1K

Buyers (Bids)

No.	Vol.	Price($)
3	155359	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	9388	1

View Market Depth

No.	Vol.	Price($)
2	78748	0.090
2	65436	0.089
4	302344	0.088
4	322102	0.087
3	371806	0.086

Price($)	Vol.	No.
0.093	21430	2
0.095	12600	1
0.096	98635	5
0.097	89032	3
0.098	145000	1

Last trade - 16.10pm 26/11/2024 (20 minute delay)

ASN (ASX) Chart

Good old fireside chat, page-11146

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

Buyers (Bids)

Sellers (Offers)