AGY

2.63%

3.7¢ argosy minerals limited

2018 Charting, page-1572

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53 Posts.

34

09/08/18

16:24

Post #: 34837983
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Originally posted by MarketingMan ↑

Further, to other posts.

In the next few months, we are expecting PEA, OT and revised JORC and probably an announcement confirming increased production tonnage from the pilot plant (rated at 500 tonnes per year) as clear indication that AGY is now a producer.

This will give the market solid (and independent) expected financial performance data.
We are anticipating good results.

Leaving aside possible adverse market events (e.g. a decline in the Lithium market or Trump doing something silly) or something going wrong at AGY, these announcements show potential for strong sentiment capable of pushing the price to near $1.00 (my belief).

Toward the end of this year AGY is expected to release firmed-up plans about expanding their primary processing capability (converting brine to Lithium) and there is the distinct possibility (suggested by MD Jerko Z) that they may skip the Stage 2 plant and go straight to building Stage 3.

The key catalyst for this would be strong financial support (probably a combination of up-front payment for product combined with a debt finance instrument) from a strategic customer (a battery maker or big auto trying to firm-up supply).

This announcement (or even commencing building the smaller Stage 2 plant option) will have a strong affect on the share price. My opinion is that AGY will then push well into dollar territory. This could happen somewhere between November 2018 and March next year.

Given the remarkable achievement being one of the few aspiring Lithium brine operations to achieve battery grade capability in the last 20 years, we expect AGY to be much sort after by both Lithium customers and potentially other brine producers seeking access to AGY's technology.

Therefore, a range of (as yet) unknown possible deals could be in the wind; while this is speculation, it is also a real possibility.

Many here expect that within 2 to 3 years, AGY will look a bit like Orocobre Ltd ORE:ASX, currently trading at circa $4.50

I offer this information purely as my opinion and you should read through the many posts (pick the ones with +30 thumbs-up) under "fundamentals" to see if you find verification before making your investment decision.

Good luck

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Since the your new batman avatar appeared your posts have changed tone,

You have of late been showing the ability to get valid and valuable information out in a easy to understand way without the emotional edge

I am enjoying the change Marketing (maybe the real Batman) Man

Appreciate your posts

AGY Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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(20min delay)
Last 3.7¢		Change -0.001(2.63%)		Mkt cap ! $53.86M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.5¢	$359.1K	9.763M

Buyers (Bids)

No.	Vol.	Price($)
6	2015083	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	157403	2

View Market Depth

No.	Vol.	Price($)
5	1965083	0.036
26	3441867	0.035
10	928154	0.034
16	2581525	0.033
4	1305000	0.032

Price($)	Vol.	No.
0.037	150000	1
0.038	225179	1
0.039	287418	3
0.040	690961	6
0.041	2615000	2

Last trade - 16.10pm 02/08/2024 (20 minute delay)

AGY (ASX) Chart

2018 Charting, page-1572

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

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Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

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Sellers (Offers)

Featured News

2018 Charting, page-1572

Top Stories

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News