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AGY

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4.1¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-60

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MCr86

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03/04/23

15:24

Post #: 67108372
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Originally posted by Simoncho: ↑

The reason people here cast aspersions on Lake is that we get denigrated for things like project size, resource size, source quality, evaporation and whatever else. What else is to be expected? Those that skited a year ago are now down around 80% so if they can dish it out, they can suck it up. All fun and games.

I emailed Saltworks to try to find what 40,000L of chloride actually produced, or a portion of such as is the case. Not sure if it's a thimble or a swimming pool full but I'll share whatever they tell me. Either way, Lake doesn't have a pilot plant of their own and shipping their product to a third party in another country still doesn't impress me as much as product from the pumps, bagged and ready to send.

Lake will get there, I reckon anyway, but they are years off and will need big finance in what may be a lender's market. No doubt JL will keep their name in the ears of new investors while pi55ing all over AGY and Puna.

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Lake have a huge resource and are aiming to go beyond a pissy pilot plant scale production.

AGY Price at posting: 41.5¢ Sentiment: Sell Disclosure: Not Held
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Last 4.1¢		Change 0.001(2.50%)		Mkt cap ! $59.69M

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3.8¢	4.1¢	3.8¢	$187.1K	4.749M

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27	2449706	0.035

Price($)	Vol.	No.
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0.042	1818672	7
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Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-60

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Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-60

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