AGY 2.70% 3.8¢ argosy minerals limited

General Discussion AGY, page-18847

  1. 10,580 Posts.
    lightbulb Created with Sketch. 2094
    A bit of realization setting in now as it is becoming apparent as I said many years ago that the brine being processes is of a composition that will be uneconomical to process, this was known long before AGY even acquired the brine leases that they are now processing, the main problem is that brine testing evaluation and plant build processes were done the wrong way from the start, and was always going to lead to the current result, but new age DLE processes could change things for the project, but at investors expense in starting from the beginning all over again.
    Huge shareholder dilution coming in my opinion.
 
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