AGY argosy minerals limited

Ann: Quarterly Activities Report - December 2024, page-19

  1. 3,312 Posts.
    lightbulb Created with Sketch. 1704
    Interesting.

    I can't seem to find any revenue from the only other sale they've done - 20t to YN Chemical Co Ltd, 5 years ago. Perhaps I've missed in the financials somewhere along the way, but I'm fairly sure I hit all of them well into 2021 and after all shipping documents were received.

    This isn't including the 500kg sample they sent to Mitsubishi RM earlier that year (which I also cannot find any revenue for).

    Once again, the shipment payment terms were the same; payment immediately on receipt of shipping documents.

    https://hotcopper.com.au/data/attachments/6769/6769125-80bf1fbb923d1e93d8a20800cf08027f.jpg

    If proceeds of sales are going to Puna, and will never reflect in AGY's balance sheet - AGY will always be running at a loss on paper, as Puna financials are not public knowledge. This bodes extremely bad for the public image of AGY and it's investors, when they're able to hide a crucial part of the balance sheet.

    Once again, if anyone has further insight I would be interested to hear.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $21.83M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $14.32K 944.6K

Buyers (Bids)

No. Vol. Price($)
15 1367804 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 2736812 13
View Market Depth
Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.