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6.9¢ anson resources limited

LOL I’m comparing ASN to a company that will never produce, so...

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LawlessLantern

1,026 Posts.

475

12/03/19

11:20

Post #: 37730709
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Originally posted by 1sharetrader1 ↑

It depends on what way you are looking at it or comparing to in saying that 193 ppm is a poor result.
Compared to 100 ppm in Nevada where money is still made on such a grade ,193 ppm is a outstanding result.
193 ppm compared to a South American 800 ppm result is only a poor result if you do not include the total economics such as 123 barrels flowing to surface per hour under its own pressure ,or the other minerals that equate to a equivalent of 1669.4 ppm at a ton price of $14,833 that is more than the $13,000.00 a ton Li price IM working off.
Comparing just one mineral out of all the recoverable minerals to lets say other companies that just are looking to recover only Lithium ,is a poor way of looking at it.
Anyone else want to try it on with there ill informed opinions ?.

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LOL I’m comparing ASN to a company that will never produce, so spare me your JORC, Feasibility study and so on

ASN Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 6.9¢		Change 0.000(0.00%)		Mkt cap ! $113.7M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.5¢	$98.28K	1.471M

Buyers (Bids)

No.	Vol.	Price($)
1	7000	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	188682	5

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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 22/11/2024 (20 minute delay)

ASN (ASX) Chart