tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Anson Resources Clarifies AGM Presentation and Retracts Select Resource Statements

Story Highlights
  • Anson Resources clarified its AGM presentation, adding compliant detail on exploration and resource categories.
  • The company retracted certain mine life, brine volume and historic resource figures, warning investors not to rely on them.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Anson Resources Clarifies AGM Presentation and Retracts Select Resource Statements

Claim 50% Off TipRanks Premium and Invest with Confidence

Anson Resources ( (AU:ASN) ) just unveiled an announcement.

Anson Resources has issued a clarification regarding its 2025 AGM presentation after discussions with the ASX, adding more detailed information on exploration targets and mineral resource category breakdowns for its Green River exploration target and its Paradox and Green River mineral resources to ensure compliance with ASX Listing Rules and the JORC Code. The company has also retracted prior references to a mine life of more than 20 years, an estimated 56 billion tonnes of brine in certain geological units, and a historic uranium and vanadium resource statement, advising investors not to rely on these withdrawn figures, which underscores heightened regulatory scrutiny around disclosure and may prompt stakeholders to reassess earlier expectations about the scale and duration of Anson’s projects.

The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on Anson Resources stock, see the AU:ASN Stock Forecast page.

More about Anson Resources

Anson Resources Ltd is an ASX-listed mineral resources company focused on demand-driven commodities, with core assets being the Green River and Paradox lithium projects in Utah, USA. The company aims to develop these projects into significant lithium-producing operations and to build long-term shareholder value by discovering, acquiring and developing natural resources that support new energy and technology markets.

Average Trading Volume: 5,362,689

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$105.2M

For a thorough assessment of ASN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1