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3.7¢ argosy minerals limited

Ann: 2022 AGM Presentation, page-17

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Whisky49

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31/05/22

18:29

Post #: 61735698
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Originally posted by Tipps1502: ↑

Didn’t take notes at the AGM today, but a few interesting points I recall discussed by Jerko.
# likely to drill Rincon beyond 300 to 400m depth to increase potential reserves, maybe the “magic million” realised.
# 2 potential offtake parties accompanied Jerko to Salta recently. Jerko indicated that the line of offtake partners is increasing and now are large battery and electric vehicle well known companies.
# the 10000 ktpa license has been reassured to AGY by local govt, but there is no timeline. There is no immediate need for this as Pablo is focused on completing the 2000 plant first.
# offtake agreement will look to be pegged to spot prices, or maybe a combination of agreed price and spot.
# Jerko indicated that Puna mining could be included in the assistance of Tonapah development if viable.
Just from memory, so if others who attended would like to qualify or add to my comments, I’d appreciate it.
DYOR

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Thanks Tipps, any indication of when they hope to start drilling...

Cheers Whisky

AGY Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
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