AGY 8.00% 8.1¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-129

  1. 2,711 Posts.
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    It stands to reason the coming offtake/financing (and IMO there will be one eventually...) will be substantially worse off than what they could have gotten during the peak of the lithium craze and prices. It's very hard to believe not one deal was beneficial for both parties in the past 3 years. It was a sellers market, the "offers" would have been substantial with everyone trying to lock up product. I'm sure you can come to your own conclusions there.

    We'll have to wait and see. They've waited too long now, to the point where a buyer won't sign until at minimum 10ktpa is on the table (it surely doesn't help that they can't get the 2ktpa to capacity in full view of potential suitors). Which brings us to today, at the mercy of the Salta officials. Would have been nice for them to have other projects on the go. Perhaps JZ is busy with his other companies.
 
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