AGY 2.63% 3.7¢ argosy minerals limited

General Discussion AGY, page-7715

  1. 723 Posts.
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    One has to base mining companies on Jorc reserves and NPV's. My initial comment was directed at the person who commented on a Li2Co3 miner that went up 40% today - the Jorc increased by more than 350%. I am stating that the current MC is around the ball park for where it should be. The PEA states an NPV for 10kTpa life of mine 16 yrs pre tax is around US$400m using a sale price of $13kpT.... I think given these figures using 2.5ktpa for the pilot plant; the company is appropriately valued...
 
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