AGY 2.33% 4.2¢ argosy minerals limited

Li-related News/Articles/Reports, page-5646

  1. 3,014 Posts.
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    Shorts through the roof

    https://hotcopper.com.au/data/attachments/5662/5662409-16e79f393499cf42a8bf6a8ad7c65931.jpg

    EIA approved at provinical level


    10,000tpa Environmental Impact Assessment Process
    The Company continued engagement with key Salta government officials and regulatory
    authorities to expedite the 10,000tpa operation EIA regulatory approval process. Argosy and
    Puna Mining senior executives, along with a representative from a potential strategic group,
    recently held a meeting with Salta government officials - Production Minister Mr Martin de los
    Rios and Mining Secretary Ms Romina Sassarini, to ensure effective finalisation of the
    Company’s EIA approval process.

    The Company has finalised and submitted all requested updated technical hydrogeological
    information, received notification that the Salta Mining Court has processed and approved
    our EIA submission
    , with final official approval by the Mining Secretary now awaited.

    10,000tpa is blocked by EIA , also offtakes
    Are the shorts playing with event risk? I expect we could see an announcement at any point forcing a closure of short-positions

    77m shorts need to close if this happens - Buy sell depth shows sell side is light on - creating a good squeeze

    https://hotcopper.com.au/data/attachments/5662/5662421-41bca267c3ee8450801f6096608f3651.jpg

    Classic bottoming pattern
    https://hotcopper.com.au/data/attachments/5662/5662428-4b2756f601478a60453c019f88f9937c.jpg

    I have double holding this morning - DYOR imo
 
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