AGY 5.00% 3.8¢ argosy minerals limited

General Comments & Banter, page-13350

  1. 10,860 Posts.
    lightbulb Created with Sketch. 2109
    This is most likely the year that we will know if the company and its share holders are right in that it will be profitable to extract the Lithium from the brine ,or if I have been right all along that the composition of the brine will make it uneconomical due to the high energy costs and other potential problems to extract the Li from the brine.
    For years I have had the opinion that the Li will be to costly to extract ,management and there experts get it wrong quite often in many companies ,so who is to say that management has got it right here.
    The whole battery mineral sector is suffering at the moment and I think only a few companies will make it ,I just don't think AGY will be one of them to make it.
    This post is all in my opinion.
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