ASN 3.45% 9.0¢ anson resources limited

That company has so far only announced 30kg at 99.6% purity...

  1. 10,196 Posts.
    lightbulb Created with Sketch. 2006
    That company has so far only announced 30kg at 99.6% purity ,they have had a working plant for a while now ,yet they have produced very little BG.
    ASN managed to produce 1kg at 99.9% purity without a working plant.
    The other company is twice the market cap of ASN and they will only hold a total of 90% of there project compared to 100% ownership for ASN.
    The other company only will be producing Lithium ,ASN Lithium BG at the highest brine grades in the USA plus Boron and Bromine at around the worlds highest grades all from the same brine ,plus potentially Iodine and Magnesium at around the worlds highest grades.
    ASN also has a very large land holding over the Paradox basin where it can also build and process brine at other locations for the production of the other more valuable minerals like Iodine Boron Bromine and Magnesium at around the worlds highest grades.
    Oh ,plus there is free gas at cane creek that ASN can extract for there plant ,and for the brine at many locations ,no pumping is needed.
    Argentina higher taxes tougher slower regulations ,USA lower taxes with less regulations and faster turnarounds.
    Its a joke that the other company is twice that of the ASN market cap ,but not for long.
 
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