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3.7¢ argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-309

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TopStock69

291 Posts.

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28/05/24

15:29

Post #: 74047039
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Originally posted by GCar: ↑

The product from the current plant always needed to be qualified.
This is a key step in securing an offtake.

Some companies secure offtakes with all manner of conditions precedent - e.g. IF they can build a plant, IF they can deliver Xtpa of product, IF that product passes buyer qualification etc etc.

AGY/Puna Mining is clearly trying to get the ducks lined up rather than signing up fluff deals just for the sake of propping the share price.
Of course, the traders and impatient HATE this, as they want anything to prop the price, regardless of the longer-term ramifications for the ultimate growth and success of the company.

Please remind us all again how LPI went with its great resource, DFS and permits….? It went nowhere for years, iirc, as it effectively waited around for someone to drop hundreds of millions in its lap, on the basis of some lab tests and some rough hopes of being able to actually produce commercially.

We are getting to the pointy end, and the haters can’t stand it! LOL!

Expand

"We are getting to the pointy end, and the haters can’t stand it! LOL!"

You have been at the pointy end for over 7 years. LMFAO!

AGY Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 3.7¢		Change 0.000(0.00%)		Mkt cap ! $53.86M

Open	High	Low	Value	Volume
3.7¢	3.9¢	3.7¢	$44.22K	1.180M

Buyers (Bids)

No.	Vol.	Price($)
6	953461	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	89828	4

View Market Depth

No.	Vol.	Price($)
6	971615	0.037
25	2702708	0.036
28	2720309	0.035
6	1226910	0.034
11	1239636	0.033

Price($)	Vol.	No.
0.038	89828	4
0.039	1429453	10
0.040	697842	7
0.041	542500	5
0.042	1035817	10

Last trade - 14.41pm 03/10/2024 (20 minute delay)

AGY (ASX) Chart