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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.
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Q4 2025 TU earnings summary28 Jul, 2025

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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Frequently asked questions

Anson Resources Limited is a mineral exploration and development company specializing in lithium and other battery metals. The company's flagship project is the Paradox Lithium Project, located in Utah, USA, which focuses on extracting lithium-rich brines for use in the production of lithium-ion batteries. In addition to lithium, Anson Resources explores for other valuable minerals, including bromine, iodine, and boron. The company aims to support the growing demand for electric vehicle batteries and renewable energy storage through sustainable resource development. Anson Resources Limited is headquartered in West Perth, Australia, and its shares are listed on the ASX.

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