AGY 1.22% 8.3¢ argosy minerals limited

General Comments & Banter, page-7542

  1. 1,190 Posts.
    lightbulb Created with Sketch. 246
    The sad thing about AGY is that it never holds it's SP gains, sure after an announcement they get a SP hike ... that dwindles away. SP gained a little burst and is going back down.

    In the period between the last 2 announcements they made a whopping 1.2tonnes of LCE of which just a meager 175kg was battery grade (about 6 weeks between announcements).

    Now considering their pilot plant was supposed to make 500tonnes per year that equates to around 1.37 tonnes per day, but it has taken 6 weeks for that 1.2tonnes and only 1/8th of what they made was battery grade.

    Doubt that brings confidence to investors with a current MC of $230million. Just saying.
    Last edited by JoeBlow: 17/09/18
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