1sharetrader1
3年前
It seems that there are not to many interested in talking about this stock.
When I first started posting about this stock, the price was about 6.5 US cents.
The share price was about 8.5 cents Australian, and now 15 cents Australian.
Bromine has also increased in value, up over 60% in value since my first post on this forum.
Also the CHN share price in Australia reached $10.00 this week, and Anson I believe has the only on strike tenements with a magnetic feature of a similar shape to the Julimar discovery made by CHN, a ASX listed company, with a market cap of 3.451 billion Australian dollars mostly based on there Julimar discovery.
Ansons Bull project in my opinion is very special, all the other explorers have failed to deliver a result like CHN, and that is because they are on a different geological plain, the Julimar discovery is covered by a ancient beach front known as the bassendean sand dunes.
The other explorers other than Anson are exploring in areas that have different soil and rock types apart from a few who are on a different fault line, with most exploring in areas of a very high elevation compared to Chalice mining and Anson.
I do believe that Anson is on the verge of a major discovery at the Bull project, the company is waiting on access approvals before submitting a drilling plan.
Interestingly brokers and the general market are unaware of Anson's Bull project, as Anson's Bull project never seem to be mentioned other than the other companies that are not alone strike or even in the same geological setting.
1sharetrader1
3年前
I guess readers would be wondering how A company of only around a 100 million Australian dollar market cap could be sitting on a maximum exploration target of around 101 billion Australian dollars.
Well, have a read of there June Quarterly activities report announced on the 30th of June, page 5 is where I got the tonnage numbers from, I then times those numbers by the spot price of the minerals.
Below is A copy and paste of part of page 5.
The Exploration Target figure is conceptual in nature as there has been insufficient exploration
undertaken on the Project to define a mineral resource for the Leadville. It is uncertain that future
exploration will result in a mineral resource.
The revised Exploration Target is of both the Mississippian Leadville and Pennsylvanian
Paradox Units has a combined range of 1.7 billion tons to 2.5 billion tons of brine. This represents
an up to 230% increase in contained Li, see Table 3, and a 493% increase in contained Br of
the previous Exploration Target (see ASX announcement 11 May 2020).
Unit and
Clastic Zones
Porosity
(%)
Density Brine
(Mt)
Li
Grade
(ppm)
Li
(Tonnes)
Li2CO3
(Tonnes)
Br
Grade
(ppm)
Br
(Tonnes)
Mississippian Leadville Formation
Minimum
Maximum
14 1.27 1,300 80 104,000 553,000 2,000 2,600,000
14 1.27 1,800 140 252,000 1,340,000 3,000 5,400,000
Pennsylvanian Paradox Formation (Clastic Zones 17,19, 29,31,33)
Minimum
Maximum
14 1.27 365 50 18,250 97,090 2,000 730,000
14 1.27 700 300 109,500 582,450 3,000 1,095,000
TOTAL
Minimum 1,665 122,250 650,090 3,330,000
Maximum 2,500 361,250 1,922,450 6,495,000
It is not easy to read looking at a copy and paste, so readers can always look at the actual announcement.
1sharetrader1
3年前
Hi everyone
1sharetrader1 from Australia here to spread the news about this not well known company with a massive brine resource in Utah USA.
I'm quite a active poster in Australia and would like to share what I know with potential other investors.
Below is a post I made about the maximum resource potential for Anson's Paradox Basin Project.
The current maximum battery grade lithium target is 1,922,450 tons
Li2co3 99.5% battery grade per ton
Yuan 92,500 a ton Lithium price spotlight - Weekly price updates | Fastmarkets
USD 14,319.00
1,922,450 tons times 14,319.00 US dollars, equals 27,527,561,550 US dollars
That's over 27.5 billion US dollars.
And that is just for the battery grade Lithium
Add the more than 44 billion dollars for the Bromine, and we could be talking about a maximum of more than 71 billion US dollars before the other minerals.
A market cap of just 1% of that would be more than ten times the current market cap.
Crazy, is it not, but there lies the potential facts based on known facts.
Here is the post on the Bromine figures.
Bromine per ton
Yuan 44375.00China Bromine spot price, China Bromine Daily prices ...
In US dollars 6,873.69
Maximum exploration target for Bromine, 6,495,000 tons.
Value $44,644,616,550.00 US dollars.
Yep, that's right, over 44 billion US dollars
TradingCharts
4年前
Ajana Graphite Project
The Ajana Project is located in Northampton, Western Australia, a proven and established mining province for zinc, lead, silver and graphite. The project is situated within the prospective historic mining center of Ajana. The tenements, E66/89 and E66/94, and E66/100 (under application) are located 130kms north of Geraldton and on the North West Coastal Highway.
Highlights of the Ajana Project include:
2012 JORC Pb Resource at Mary Springs
The global Indicated and Inferred Resource estimate is 390,000 tonnes grading at 6.5% Pb.
Four Regional Graphite Prospects
Walcott (reprocessed historic EM targets)
Mary Springs (rock chip/Mullock samples)
Geraldine, and
https://www.ansonresources.com/additional-projects
Warrianno
Jumbo flake (>300 microns)
Rock chips up to 42%TGC
High grade metamorphism with hydrothermal alteration
Graphite schist within a Proterozoic Gneiss
The Ajana area is dominated by the Proterozoic gneiss with conformable lenses of meta-sediment, pelitic gneiss, meta-quartzite, mafic gneiss and graphitic schist known as the Northampton Metamorphic Complex. This gneissic geological environment, typically hosts high grade graphite deposits in Western Australia.
The Northampton Complex is intersected by a closely spaced swarm of dolerite dykes striking north northeast associated with shear zones and parallel to the fold axes. All the lead-silver and copper mines in the Northampton Complex appear to be related to the same north northeast trending fault system that has controlled the intrusion of dolerites.
Mary Springs Lead Resource
The updated Mineral Resource has been reported at a cut-off grade of 1%Pb, a summary of the estimate is shown below.
Mary Springs Mineral Resource Estimate, JORC 2012
Mary Springs Mineral Resource Estimate, JORC 2012
TradingCharts
4年前
A Unique Lithium Project in an Excellent Jurisdiction
Anson’s flagship project is its Paradox Basin Brine Project in Utah, USA for which Anson is developing an industrial scale in-field pilot plant to produce lithium carbonate for supply to lithium ion battery cathode manufacturers for product qualification testing. Using innovative direct lithium extraction technology and conventional flow sheets for all other processing, Anson will extract lithium from brine rapidly to produce high purity products. No evaporation ponds are required in the process, saving massively on CAPEX, OPEX, space, and processing time. Anson is advancing the recovery and refinement of other chemicals to produce additional high value products from iodine, bromine and boron also contained in the brine. The recovery and processing of these chemicals would provide multiple revenue streams for Anson.
The Paradox Basin has been home to mining operations for almost a century. Intrepid Potash has been operating a potassium chloride operation nearby for half a century. Significant transportation and industrial infrastructure is already built throughout the region including high voltage power, roads, rail, and water supply, making the Paradox Basin a favorable jurisdiction for construction of a chemicals extraction facility. The project is being developed by Anson’s subsidiary company, A1 Lithium Inc.
https://www.ansonresources.com/paradoxbasin
TradingCharts
4年前
Capital Structure as of 21 Oct 2020 :
783,451,069 Ordinary Shares
11,514,105 unlisted options exercisable at $0.08685 each on or before 16 May 2022.
10,000,000 unlisted options exercisable at $0.06 each on or before 10 September 2021.
62,500,000 listed options exercisable at $0.035 each on or before 30 June 2023.
1,400,000 Performance rights with various milestones and expiring 29 November 2023.
4,800,000 Performance rights with various milestones and expiring 18 April 2025.
14,800,000 Performance rights with various milestones and expiring 16 February 2027
1 unsecured convertible note with a face value of US $750,000 maturing on or before 19 January 2023 convertible at $0.028 per share.
https://www.ansonresources.com/investor-center
TradingCharts
4年前
Anson’s mission is to create long-term shareholder value through the discovery, acquisition and development of natural resources that meet the demand of tomorrow’s new energy and technology markets.
Anson is developing the Paradox Basin Brine Project for recovery of valuable chemicals from a unique salt brine resource in southern Utah, USA. The project will supply lithium chemicals to the rapidly growing battery market, and will produce high value byproducts including bromine, iodine, and boron.
https://www.ansonresources.com/