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3.8¢ argosy minerals limited

Ann: Quarterly Activities Report - June 2024, page-70

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26/07/24

17:29

Post #: 74937083
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Originally posted by asxDragonslayer: ↑

Wow an early report!

After reading a few comments yesterday I spent some time going over previous releases. I noticed some things that I think add positive context..

I looked at the strategic investment notice. I spotted that ATL had agreed to hold their shares for twelve months. I noticed JZ remarks on levering off their technical knowledge and experience and also JZ words around the importance of the relationship and mutual goals etc. It even says focus on FULL development of the project.

Based on what they learnt and/or saw I think ATL may have suggested full project, must engage external engineering with Lithium experience, twelve months and here is our placement in support. It's not unusual for other parties in a negotiation to suggest and obtain better terms.

Sometimes when we have been reading the same thing for a while our brain automatically assumes the same. I never gave it any thought it said FULL and not 2ktpa.

That was on the 24th of May 2024. Then a couple of days ago we mothball the 2kpa plant for financial prudence and focus on the 10ktpa.

It seems like ducks being lined up to me.

They would of known of the issues I'm certain of it. I couldn't imagine that JZ would of kept it from them (and they could probably see for themselves) then total destroy trust. That would be a disastrous move with them and for ANY future partner relationship.

So it's my belief that ATL would like to partner with us however in respect of their own due diligence they have nudged us towards the bigger picture and as a commitment made an investment.

So for me, I'm happy their is some type of plan even though I may not be privy to all its details.

imo
dyor

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Interesting - Someone's thinking...well done

My comment yesterday was "IMO ATL knew exactly what they were doing & maybe...just maybe...what was to come...hence the $ for AGY"

AGY Price at posting: 4.8¢ Sentiment: None Disclosure: Held
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0 Great analysis

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Ann: Quarterly Activities Report - June 2024, page-70

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Buxton projects new graphite province discovery at WA Narryer play

BCI reaches close of funding facility for salt-first part of Mardie project

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Ann: Quarterly Activities Report - June 2024, page-70

Top Stories

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Buxton projects new graphite province discovery at WA Narryer play

BCI reaches close of funding facility for salt-first part of Mardie project

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

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