AGY 2.70% 3.8¢ argosy minerals limited

Ann: President Macri meeting, page-60

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  1. 1,524 Posts.
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    I think we're on the same wave length there @MarketingMan.

    The significance of this meeting has many facets; and I think it's a pertinent one with respect to OT customer/s and strategic investors, ie AGY is politically connected and has government support for it's project (which is exactly what JZ emphasised in his tweet back to Macri).

    Personally, I think it's more likely directed at strategic investment then an OT customer.

    IMO, AGY have been in constant communication with the preferred OT customer since at least Nov last year. They have met several times, including at least two site visits. At this stage of things, the OT is in the final stages of being signed off, and I don't think this meeting with Macri was necessary to seal the deal (but it does send a reassuring message none the less).

    (And as someone else has already highlighted earlier today - I suspect our OT customer has already meet previously with Marci as part of their own DD around doing business with Argentinian based companies).

    So the meeting is probably more about a message for future development and investment in Stg's 3 & 4 (and beyond ?). And perhaps even sending a message to other Li companies in region - if you can't make your tenements viable going concerns that are generating revenue, paying taxes and providing local employment opportunities - well, we know a company that can?!
 
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