AGY 30.6% 3.4¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-41

  1. 2,774 Posts.
    lightbulb Created with Sketch. 1314
    By the looks of this update and the change of wording they're now using, they're likely going to start producing later in the year and not mid year, not surprised.

    Those high price predictions will come when plant is complete/production has started, IMO.

    With the market getting hammered, and this being one of the most underperforming stocks in the lithium sector, it only has to close below the recent low to see mid 30's again. Unless AGY have updates on Tonopah, there is no other fundamental news left for the market to wait for (until production, approvals and offtake, probably in that order - meaning not going to see it until later this year).

    I call $0.80+ in Q4. Love to be wrong and see it sooner, AGY continue to prove me right though
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
-0.015(30.6%)
Mkt cap ! $49.50M
Open High Low Value Volume
4.6¢ 4.6¢ 3.3¢ $1.657M 43.16M

Buyers (Bids)

No. Vol. Price($)
2 2057504 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 1387809 4
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.