AGY 5.56% 3.8¢ argosy minerals limited

General Comments & Banter, page-9054

  1. 5,819 Posts.
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    We've been talking about accumulators since as far back as March.

    They've been remarkably patient, too patient. By now they would have a controlling interest or at least become major holders.
    I don't know, something else has been going on.
    It's almost as if somebody deliberately wants to keep AGY at a very low price.

    It's seems unnatural that AGY can announce...
    - Completion of stage 1 plant and start-up
    - Achieved battery grade and improved
    - Doubled size of ponds
    -Two land acquistions
    - Maiden JORC and now JORC upgrade
    - Be on the eve of announcing PEA and OT
    But, be 10 cents down (-30%) from when that sequence started.

    I sometimes speculate that AGY royally pissed-off QQ after they pulled out of the OT agreement last year and they've been quietly plotting their revenge ever since.

    Hopefully I am very wrong and by mid next week, the re-rate will be all but complete, and we will be +50% above the (famously conservative) MorningStar rating.

    IMO
    DYOR
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