AGY 2.78% 3.7¢ argosy minerals limited

Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-188

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,269 Posts.
    lightbulb Created with Sketch. 2153
    Notepad figures are giving me a US$2.49B in profit potential from this 207kt resource. This is at a US$4.5k/t cost base and a sell price of US$16.5k/t

    IF they dropped the drills down to 202m and we maintained the same weighted average then I get figures back around US$4.9B in profit potential

    Add in more land which we know they are eyeing up bumps these figures up again. Add in recharge rates from the fractured halite and this bumps these figures up more.

    Basically, We have more than enough resource for our project.

    Upcoming Announcements (no particular order);

    Stage 1 Process Plant Production Results
    Shallow Halite Drill Results
    3 x at depth Diamond Drill Results
    Resource Expansion (likely)
    Pre Economic Assessment
    Stage 2.2 Pond Construction Updates and Completion
    Stage 1 Offtake
    Stage 3 Funding
    More land

    GL AGY'ers
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
3.7¢
Change
0.001(2.78%)
Mkt cap ! $53.86M
Open High Low Value Volume
3.6¢ 3.7¢ 3.6¢ $83.96K 2.279M

Buyers (Bids)

No. Vol. Price($)
1 13371 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 1738141 6
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.