AGY argosy minerals limited

Ann: Argosy Raises $800,000 to Advance Projects-AGY.AX, page-66

  1. 6,892 Posts.
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    Even though I'd like worldwide diversification of Lithium projects...I'm happy to get more KMs in the golden triangle.

    I'm going to GUESS here and say that AGY's picking up more land rights from the same seller as the current 2 projects. I was corrected before that these Salta are MASSIVE and we've only have rights to a parts of them.

    So it's either more rights on the same Salta's or rights to NEW salta's. I'm happy for both as it means a larger JORC resource in the end.

    Also, IF the DD is ok then in seems logical the if we are getting more mining rights from the same group (who I understand have lots of rights) then the DD will go faster next time or it may be currently grouped together.

    It explains too why they went for 800k when they only needed 100k for THOSE rights and have 200k in the bank now.

    This could get crazy real soon.
 
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