AGY
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2.50% 4.1¢ argosy minerals limited

General Discussion AGY, page-529

  1. MFC500
    289 Posts.
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    10/05/21
    18:09
    Post #: 53073045
    I am a bit irritated by this graphic.

    https://hotcopper.com.au/data/attachments/3167/3167015-dd0312065a3d3c50866afbe64261ec81.jpg

    I always thought they would get the 2k production up and running first and then tackle the expansion. Now it looks like they are targeting funding for 10k production even before 2k production is up and running. Conclusion: (much) more dilution at a presumably lower share price than would be the case if they were to finance after reaching a successful commercial 2k production. Opinions?
    AGY Price at posting: 8.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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