AGY 8.70% 5.0¢ argosy minerals limited

Li-related News/Articles/Reports, page-2838

  1. 13,485 Posts.
    lightbulb Created with Sketch. 4592
    I've been saying all along that Argosy Fair Value SP = $10-$15 based on our fundamentals & global lithium demand ???!!!....

    Really...fair value based on what production, when and at what Lithium prices.

    Let's have a look at that :

    $10 = MC of around $14- 16b depending on dilution related to funding.
    $15 = MC of around $21 -24b ditto.

    All this seems to be based on us selling at spot prices with the longterm price of Lithium staying at current prices in AUD's yet knowing we won't be selling at spot prices in the longterm and at this stage we will only be producing a net 1550 tpa over the next 2 years with the expectation of going to a net 10800tpa ..I think we may have entered the silly season again...

    Cheers Whisky
 
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