AGY 4.88% 4.3¢ argosy minerals limited

General Comments & Banter, page-12416

  1. 786 Posts.
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    I remember when I got in just over 12 months ago, people were linking the timeline chart showed in announcements for achievements and stages to be reached. Back then the idea of an offtake was so far away, we still had to prove we could make battery grade, upscale our ponds, release pea, jorc, etc. And here we are ever so close to an offtake which btw has been so derisked with jerkos latest announcement.

    I still can't understand why NOW is the time people are leaving / thinking of leaving. This is the golden part -- back then we could have only dreamed of entering so cheap right before an offtake was released.

    So many of us including myself are so far in the red -- why jump out now when fundamentals are so good. I mean if they weren't fair enough. But otherwise you literally just rode a wave downwards and gave your position away cheaply to someone much smarter than you. Buy low sell high, not the other way round.

    I am proud of this company.
    I am proud of Jerko.
    As a human being I am also understanding that the share price is a reflection of industry price uncertainty and overall impatience as a low MC stock. Jerko is doing well and fundamentals wise and he is leading us well. Sure things are taking a while but he is busy doing his job... Doing us a favour and getting us a good deal.

    For every share I buy in this company I read the share quantity as dollars. Because when we are selling 10,000 tonnes per annum we will easily reach $1 in my opinion. That's what? Like around 7 times the price it is now? How long will that take you to 7 bagger your cash in dividends? Literally a lifetime.

    My confidence stays in this company

    Disclaimer: this is an extremely subjective post, venting personal opinion that is based on facts already shared on this forum as well as announcements. This is not financial advise and again is opinion orientated.

    Cheers
    Jez
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4.3¢
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4.3¢ 189101 2
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