AGY 3.53% 8.2¢ argosy minerals limited

General Discussion AGY, page-18116

  1. 3,908 Posts.
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    I think you are missing the point. AGY sustained its SP and reached an ATH on the back of expectations that a number of milestones were imminent. You and I can both select examples and timeframes to prove up an argument from either side.

    Ultimately it’s fairly obvious that the missed milestones have had a significant effect on the SP, and it has subsequently fallen far more aggressively than peers over the same timeframe.

    You may not like me comparing to brine producers, but regardless of size, they are AGY’s peers (and competition), at least according to many here.

    Oh and AKE was also on that chart (it was the blue line). Note that they were at an ATH in mid July, while AGY had already fallen 50%. How do you explain the massive divergence between those two in July if it’s all down to lithium sentiment? Even since that point, AGY has dropped 55% versus 37% for AKE. And remember, that’s after AGY’s SP had already sliced in half.

 
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