AGY 3.61% 8.6¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-12

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    This time I stayed up late to compile the figures in time. "Good morning Australia", "good night Europe". wink.png

    Looks like "progress as usual" with two items to mention:
    * Narrative of “first commercial production” changed from “mid 2022” to “next quarter”, which may expand it well into August.
    * First time mentioning "shipping delays" leading to a lag of the industrial water treatment system which, apart from the overseas parts, is ready for installation -> let's hope this can be caught up once the parts arrive

    Most important takeouts for me: "on schedule" and "on budget" plus Jerko stating "... The lithium market remains very positive and lithium carbonate prices may allow very lucrative product sales revenues ..."

    GLTAH
    Last edited by cbetz100: 02/05/22
 
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