Capital Raising ConcernsAnson is expected to raise capital in the second half of CY25, which is likely to be significantly dilutive due to weakness in the stock price.
Project Development TimelineAnson faces a longer timeline for developing its lithium brine project, which has led to a downgrade in shares from Buy to Hold.
Regulatory DelaysAnson awaits regulatory approval to re-enter a well to improve its mineral resource estimates, which could delay project development.