AGY
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13.6% 9.2¢ argosy minerals limited

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  1. hurcorh
    2,632 Posts.
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    12/07/17
    15:37
    Post #: 25823574
    Some would argue they are 'giving away' 50% of their deposit at a low value.

    Essentially 0.9million tonnes LCE for $146 million AUD

    LCE is roughly $20,000 per tonne which would put the 0.9 million tonnes value at 18 billion before plant/cost of course.

    Maybe the market thinks the deal is worth more $$$
    AGY Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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