AGY 8.33% 4.4¢ argosy minerals limited

General Comments & Banter, page-14440

  1. 16,161 Posts.
    lightbulb Created with Sketch. 3140
    Hi Guemar - yes what i post is just my personal views without regards to whether I hold or have sold.

    I currently hold and after making a small trade last week.

    I am realistic on Agy's chances and believe a trade can be made on upcoming deals if secured.

    I am however not going to hang around to wait for production revenue - there are plenty of things that can and will go wrong to get into production and also during production - and that is actually another 18 to 24 months away from the time they actually start plant construction phase.

    But funding is the first step as we all know - where is the funding? So whenever they get the funding , maybe in the next couple of months you add onto the 18 to 24 months contruction phase we could be looking at up to 30 months before anything happens in all likelyhood.

    During the 30 month period - i cannot see any real price catalyst events. All imo

    Last edited by kevin103: 27/05/19
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