ASN 7.25% 6.4¢ anson resources limited

I think we just need to admit that no sane investor would invest...

  1. 7,067 Posts.
    lightbulb Created with Sketch. 541
    I think we just need to admit that no sane investor would invest in the Lithium sector at the moment unless you are already dug in.
    Don't get me wrong ,I still believe ASN is the best investment on the ASX ,but if you want to make money you need to follow the money.
    It will all change when the next few rounds of tested brine results are announced ,in my opinion.
    IM expecting Long canyon to be over 500ppm and some other zones to be tested like zones 17 and 29 to be 200ppm to 500ppm over the two wells to be tested.
    I even think that there is a chance of a Li result of well over 1000ppm going by historic results up to 1700ppm and the depth of the Long canyon well that is under higher pressure but releasing far less barrels per hour ,this to me appears to be a massive trap zone ,that's why I say there is a chance of a Li result of over 1000ppm.
    I truly believe that some time in April this company will be the talk of the town and well above the current share price.
 
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