AGY argosy minerals limited

Ann: LITHIUM BRINE PUMPING COMPLETED & CONCENTRATION PROGRESSING, page-92

  1. 6,892 Posts.
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    This is why I want AGY to release CAPEX estimates for STAGE 2 and 3 so we can stop guessing.

    Once we now the CAPEX numbers, we then know the funding deal numbers with the Chinese and market can put a correct value on AGY.

    In the past 6-12 months you know S2 CAPEX has been put on paper as they are asking for those funds NOW from the Chinese
    .
    So why can't AGY shareholders be told them?
    I've read the ASX's continuous disclosure rules and I think we are intitled.
    http://www.asx.com.au/documents/about/abridged-continuous-disclosure-guide-clean-copy.pdf

    If STAGE 2 CAPEX is 25M (which I think is close) then we know what's there. I think STAGE 3 funding means a bigger plant is to be build to handle a possible extra 3,500 tones of LCE (5,000 tones of LCE a year). This make sense.
 
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