AGY 2.70% 3.8¢ argosy minerals limited

Ann: Annual Report to shareholders, page-5

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  1. 4,143 Posts.
    lightbulb Created with Sketch. 1713
    AGY had produced ~67 tonnes (total) as at 19 Feb 24. As of 15 Mar 24, they've produced ~70 tonnes. That's 3 tonnes produced in 4 weeks, despite currently being in the "ramp-up" phase. They need to produce 38.4 tonnes per week to hit nameplate, and currently they're producing at a rate of ~0.75 tonnes per week, or about 2% of nameplate right now.

    Stunning progress. So much for "advancing towards near optimal parameters and achieving consistent results".

    https://hotcopper.com.au/data/attachments/6063/6063452-a7be0dba003604cd92309c545489e6a6.jpg
 
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