AGY 0.00% 3.7¢ argosy minerals limited

General Discussion AGY, page-1071

  1. 792 Posts.
    lightbulb Created with Sketch. 1824
    When the pricing action is driving you bonkers -let’s go back to the drawing board:

    quarterly report is due by the end of this month. I’m expecting something to be in there around Tonopah exploration.

    Quarterly report after that — due at the end of October should have something in there about an updated JORC to 507,000 - 724,000 tones as well as formal approval of the 10,000 plans.

    2,000 tonne operation will be operational by 1 July 2022.

    10,000 tonne operation due to be operational from 1 January 2024

    Also don’t forget:
    40,000,000 options expire on 31 March 2022 (exercisable at 20c)
    115,000,000 options expire on 29 October 2022 (exercisable at 25c)

    Institutional investors will want their options to be in the money and will pump the price above these figures. (Nearly guaranteed double bagger investment over 9 months if you invest at 10c)

    I expect the share price to hit $1 by 1 January 2024 when the 10,000 tonne operation gets going. Hold your shares ladies and gents.

    reports also suggest that lithium prices will continue to rise through to 2024 at least as well.
 
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