CR - what do you expect, they need $$. will drop a bit but will come back.
the very positive is this:
Early Commencement of Stage 2 at Rincon Lithium Project Further to the announcement of 4 May 2017 that Argosy had acquired an option to almost double the Rincon Lithium Project land area, the Company has now resolved to fast-track initial Stage 2 development works at the Project. Such works will include early commencement of construction of additional evaporation ponds, commencement of drilling operations with an aim to delineate a JORC Code-compliant resource and conduct brine test-works. Commencing additional evaporation pond works at this early stage is a key event that the Company expects to shorten the overall timeline between obtaining the results of Stage 1 lithium carbonate equivalent ("LCE") production and being able to move to Stage 2 volumes.
AGY Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
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