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1.18%

8.4¢ argosy minerals limited

Ann: Quarterly Activities Report - September 2018, page-93

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HawkeyeA

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31/10/18

13:41

Post #: 36332829
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Originally posted by VivaLaVida ↑

Suggest you read the ANN again... bottom of Pg 3:
View attachment 1350109
And top of Pg 4:
View attachment 1350127
What I noticed was "preferred potential off-take customer(s)". Note the use of potentially more then one!

IMO, JZ knows how to play hardball and knows AGY have a highly desirable product in a sector experiencing short supply.

Also IMO, if you're buying BG LCE, I expect you'd not only want to lab test it's composition but also plug it into your systems (ie "systemised" in below extract) and produce an output that is then in turn QA'd by their customers (no one wants a battery that malfunctions!). And you don't want to just do this once, but several times to prove consistency and reliability of both the inputs and outputs of the production line. So the take away message for me is this is well progressed but does take time.

(And not to mention - a "preferred" off-take customer doesn't take this time and effort unless they are serious about buying your product!)

Top of Page 9:
View attachment 1350135

Expand

Its amazing what you find when you read something properly. This report is full of little good news nuggets.

AGY Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.4¢		Change -0.001(1.18%)		Mkt cap ! $123.7M

Open	High	Low	Value	Volume
8.5¢	8.5¢	8.4¢	$32.10K	377.6K

Buyers (Bids)

No.	Vol.	Price($)
4	219394	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	21509	5

View Market Depth

No.	Vol.	Price($)
4	219435	0.084
4	99183	0.083
2	136585	0.082
2	114691	0.081
6	94048	0.080

Price($)	Vol.	No.
0.085	21509	5
0.087	100000	1
0.088	232558	1
0.089	69615	2
0.090	91167	2

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