AGY 7.50% 7.4¢ argosy minerals limited

AGY - Scaling up, page-305

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    My assertions of cost production is as accurate as yours. My assertions of cost production is as accurate as AGY's as well. Why? Because they do not have a Definitive Feasibility Study.

    Until Pablo can reveal his Harry Potter method of extracting brine from a resource the size of a swimming pool that is heavily contaminated with Magnesium (see below chart of AGY's resource size) - we have to do cost calculation used by industry standard which can be explained HERE.

    My calculation is that AGY would be producing BG lithium at circa $70-80k per ton. That is just not financially viable.



    https://hotcopper.com.au/data/attachments/3442/3442446-f360fafbf474cacffffc90d348222a20.jpg

 
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