After the decision to build the next production units for another 10,000 tonnes per year, it is not obligatory that all modules are built at the same time, is it?
It would be a very clever strategy if Jerko would build the modules one after the other. That way, the cost of the first plant would be no more than 20 million euros.
In addition to the lower financial requirements at the beginning, the other sums can then be financed from the proceeds of ongoing production.
In any case, the modular structure has the additional charm of being able to respond specifically to customer requirements for each module.
My optimism for Argosy is quite boundless. By Christmas at the latest, we will see our all-time high again and with the ramp-up and the first, billed production quarter, the journey will really start. IMO
DYOR Good luck to all longthermers and greetings from Old Germany Greenfoxi
AGY Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
(20min delay)