AGY 13.6% 9.2¢ argosy minerals limited

General Comments & Banter, page-8006

  1. 561 Posts.
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    While I understand what you are trying to say you are mixing up fundamentals.


    Halite and black sand layers are related to replenishment / flow rate of the physical resource. If they are revised up they may drive an increase but I doubt we are going to double porosity for example. Its been measured by a lot of Companies and you could throw a blanket over the results.


    Recovery rate is related to the process and I agree PA may have an improvement there but not significantly large.


    As I said (and I acknowledge you agreed) the best way to significantly increase the JORC is to purchase more land over a brine resource. This is because of the "technicalities" of what must officially goe into it and what commercial investors will be bound to - we need those commercial investors.


    I am sure management have been scoping this out for a while now just looking for the most suited purchase. Probably something adjoining our tenements so the resource can be described as contiguous and be part of our existing JORC.


    Good discussion either way.

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