Billions of dollars have been invested in the lithium industry.
Argosy halting the 2000tpa plant hasn't jeopardised that.
Tesla for example, has been good for the new shift, but anything the West can do, China can do quicker, cheaper and eventually better.
They will churn out millions of EV's, and that requires battery grade lithium .
We are sitting on, in the least, a very saleable asset, in the worse case.
I believe through trial and error, Argosy will prosper, eventually.
Question is , how long is going long.
That's the gamble, but 4 or 5 cents is arguably cheap, considering the things they have done to date, imo.
Having said that it's been a c.nt of a day, so to speak...
Alcohol recommended...
AGY Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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