AGY 4.82% 8.7¢ argosy minerals limited

Dont get fooled by Hype, page-32

  1. 273 Posts.
    lightbulb Created with Sketch. 92
    Wait so just saw the new announcement.

    100tons max per year! That's only $1.2m in revenue and I'm sure its going to cost them over $1.2m to make the stuff.

    Cash flow says they will burn $2m in this quarter which does take into account the increase in production costs.

    At this rate the company will be asking for more funds in 6-10months.

    Imo
 
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