AGY argosy minerals limited

General Discussion AGY, page-24443

  1. 14,783 Posts.
    lightbulb Created with Sketch. 9041
    Sure, if that enabled sufficient funding to be raised.

    upload_2025-1-16_11-57-37.jpeg

    Note:
    “Option to bypass Stage 2”
    “Amount of project funding sourced will determine starting production level”

    IF S3 funding could have been secured - on acceptable terms - at that point, of course we would have built the full-scale plant. Duh.

    Try again.

    Ps. This also demonstrates the difficulty of securing funding for a li brine project based on a resource and a “plan”; history now shows that a plan full of assumptions and estimates, not backed by demonstable success with scalable processing tech, is very difficult to fund - LPI is the perfect example. Hence we continued with the tech derisking and development continuity by easily raising $30M to build the 2ktpa plant.
    This was all before your time here though, iirc, so not surprised you aren’t on top of it.


    DYOR everyone
 
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