AGY 8.14% 9.3¢ argosy minerals limited

General Comments & Banter, page-7838

  1. 451 Posts.
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    Perth have already had their public holiday and I'm sure Jerko has been and will continue to work hard to reach the aforementioned target (not deadline) date of the end of this quarter if its possible. Its still a chance to drop this quarter, but its not a necessity in my eyes.

    All this talk of 'they stated the deadline now they have to stick to it' is just ridiculous in my opinion. They are building a company to last years and hopefully become a big player in the lithium industry. If the initial off-take takes a little extra time to get right coming to the right deal with the right off-taker that could be involved with AGY for years to come, then they should do it for the sake of the company. A little extra time now could save loads of money in the long-term. We can't and shouldn't just jump in to a rushed deal for the sake of the feelings of a few shareholders with short-term views.

    Whats and extra few days or weeks to get one of our important milestones completed when they have already fast-tracked the development and cut off a year or so of development time?

    Jerko and his family hold a LOT of shares - do you think Jerko is going to risk his families future? No, he's going to work to optimise their (and our) profits for putting their trust in him. Put simply, our interests are aligned with those of management.

    We missed the BG target date by a little bit, but we got their a few weeks after, and have further increased the purity to 99.8% since. History shows that management have ticked EVERY box so far, and in my view will continue to do so. Management put target dates out there to give themselves something to strive for and keep them honest; not as a be all and end all deadline that, if it doesn't get hit, would be detrimental to the company's future.

    We know there has been progression with off-takers; and the preferred ones have visited our site and have more product for testing. We do not know how long that would take for the other to run their tests and due diligence before getting the ok to proceed. When a 3rd party is involved, some things are simply out of your control.

    I have the upmost confidence management will get this done, and it will be in our best interests.

    All imo
    Last edited by winesy108: 26/09/18
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