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Anson Resources Limited (ASN) investor relations material
Anson Resources Limited Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Maiden JORC resource for Green River Lithium Project estimated at 103,000 tonnes LCE, with potential for expansion following re-entry of historic wells in Q3 2025.
Approval received for re-entry of Mt Fuel-Skyline Geyser 1-25 well, with operations to commence upon rig availability.
Signed non-binding MoU with POSCO Holdings to collaborate on a demonstration plant for Direct Lithium Extraction technology, pending due diligence.
Added 100 strategic placer claims, increasing Green River land package by 10%, with 28% of new claims to be included in future resource upgrades.
Community Benefits Agreement signed with Green River City Council, targeting 50-100 local jobs and infrastructure development.
Financial highlights
Cash on hand at quarter end was $2.5 million.
Net cash used in operating activities for the quarter was $1.86 million; year-to-date net cash used was $12.08 million.
$257k spent on exploration and evaluation, mainly for Paradox Basin Projects.
$534k in administration and corporate costs; $471k in related party payments for director fees and salaries.
$7.21 million raised from equity securities during the year; no debt drawn from $30 million facility.
Outlook and guidance
Re-entry of Mt Fuel-Skyline Geyser 1-25 well expected in Q3 2025, with potential to significantly increase JORC resource.
Results from POSCO demonstration plant due diligence expected by December 2025.
Paradox Lithium Project drilling program planned to expand existing 1.5Mt LCE and 7.6Mt bromine resource.
Future JORC resource upgrades to include higher lithium grades from recent swabbing programs.
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