ASIC Response, page-13

Hi,

Exploration company, not a miner. They seem to have brine and hardrock projects:

http://www.argosyminerals.com.au/ir...citos-lithium-projects-argentina.aspx?RID=363

http://www.argosyminerals.com.au/irm/content/mt-paris-lithium-project-australia.aspx?RID=364

Might be worth a little speculation. My concern is that they will be very late to the game if mining actually commences, and only hold a percentage of the actual projects. The doubt would prevent me investing heavily. Now they could be a multi-bagger as a short-medium term, but it could all be based around speculation on what they might achieve one day...

GXY is a done-deal, 100% ownership of resource etc. and are mining, and have a solid plan to develop the other resources, so I would look more towards those sorts of investments.