AGY 2.44% 4.2¢ argosy minerals limited

Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-67

  1. 13,939 Posts.
    lightbulb Created with Sketch. 8483
    Steady progress, no surprises, no red flags, no major hiccups; exactly what I want to see.

    we can't really say they are making progress with scaling production

    Facepalm.
    They are in commissioning. The intent of that is NOT to simply produce as much as possible.
    Give yourself an uppercut!

    I would not have been surprised one single bit if the monthly tonnages fluctuate up AND down significantly during commissioning. Nothing to be concerned about at all, in my experience.

    What this year has proven, imo, is how damn difficult it actually is to get a carbonate plant set up, tweaked, tuned and running reliably and consistently.  We will see more of this proof in the next month too.
    This simply highlights how much other companies are going to struggle when/if they actually get a plant built - the optimistic (read: fanciful) timelines that some other companies have presented will be absolutely blown out of the water.
    Some of these muppets were claiming mere months for govt approvals and sub-2yrs for construction+commissioning+ramp up of MUCH larger plants.
    Facepalm.


    $teady progre$$
    No $urpri$e$
    Clo$ing in on continuo$ production
    Empanada$
    ….Nice

    $$$$
    Last edited by GCar: 01/06/23
 
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