AGY 2.44% 4.2¢ argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-52

  1. 13,939 Posts.
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    Claiming what is “normal” or not, by pointing to 1 or 2 or 3 other operations is absurd.
    While the experience of a few others might be indicative of what can be achieved, I’d suggest some lessons on statistics!
    That’s not even to mention the differences in our resource and processing.

    A more relevant “observation” might be: what are the potential returns from the circa 13c level, should the company succeed in getting the 2ktpa plant humming along and secure a financing deal to expand to 12ktpa….?
    Perhaps focus on what is ahead and the opportunity that sits on the table.
    Oh, that doesn’t suit your narrative though, does it?

    Even IF it takes say 2 more years before we see 50c sp again, that is a circa 100% CAGR.
    Oh dear, quick I’d better sell because some other company got their plant running quicker. Lol.
 
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