AGY 4.76% 4.0¢ argosy minerals limited

Ann: Renounceable Rights Issue to raise up to $6.2M, page-4

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    or it puts the company in a stronger negotiating position for their Stage 1 and 3 deals - the potential partners may have been using the cash reserves as a tactic to achieve a lower price. Obviously IMO - don't see this CR as a bad thing to be honest
 
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