Cheers mate, still trying to get into the habit of coming here to check up on new comments.Hi Chris
Thanks for the compliment and welcome to TSE.
I miss the ASN HC threads too, unfortunately my 371 moderations became too much to bear for the HC heirarchy , so my last comment about "PUTIN deserves a bullet in his smug face " was the nail in the coffin and the they permanently banned me.
I have since tried to get reinstated recently, but was denied, so i guess TSE is where i stay.
As far as posting my charts on HC, feel free to do so.
Here is my updated chart.........
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Not alot has changed since my last chart that i posted, strong support zone 15.5 / 16.5, indicators neutral with a bearish bias, volume has dropped off, indicating selling may have dissipated to where SP currently sits or a bit lower before the next piece of news drops.
Ajana drilling news is probably the closest catalyst we have coming up, legacy lithium deal, where is the news on that ?
ASN is fortunate to have other mineral projects on the go with drilling campaigns not far off besides Ajana.
Yellow cat uranium, Hooley well, i suspect that is why ASN is outperforming the lithium sector atm, which is still in decline with lithium spot price still finding new lows.
View attachment 49865
It was probably a blessing in disguise that the BLM has delayed the MRE upgrade paradox drill campaign, cause i dont think the market would of reacted to it much, aka GLN , which despite a very good MRE upgrade, impressive DFS, recently announced a premium offtaker in Glencore, Mr market offered up chump change, so hopefully when lithium spot price reverses ( currently sitting on support and indicators massively over sold ) reverses, thus sentiment improves, then the paradox drill campaign next year will hold alot more weight.
Anyway Chris, thats my take, hoping you and @the technician can contribute your thoughts on TSE ASN thread in the future.
imo
I’d forgotten about the LL deal announcement, I’ll email Bruce about it, but they’ve been ignoring emails of late.
I honestly think we need a new CEO, dunno what it is if it’s his ego or pride but he needs to step down a role. ASN needs a fresh face, and a guy that can execute now we’re at the pointy end.
Anyways cheers for the charts, we keep being patient.