AGY 2.63% 3.7¢ argosy minerals limited

Charting, page-2973

  1. 6,892 Posts.
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    Come on Q...you LOVE to guess. ;-)

    However he's right...we need to see the details. In AGY case the worse case is baggers.

    I personal believe STAGE 1 & 2 will be merged and knocked up to 2,000 tones. This makes sense to me and has been hinted to in ASX releases.

    The wild card is STAGE 3. If 5000-10,000 tones are planed and FULLY funded. Well, you have to look at ORE's valuation. No ramping here. Just math.

    I'd expect PA to pull off a higher grade and at a lower CAPEX the ORE.
    ORE got up to a 1 billion MC and so far is only up to 17,000 tones with a massive CAPEX bill to pay off?

    Rock bottom floor if everything goes bad is 18-20+ cents.
    STAGE 3...depending on those details...30-40+ cents.

    All the above IMO (As it's been pointed out...I'm often WRONG!)
    DYOR...seriously!
 
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