AGY 0.00% 4.5¢ argosy minerals limited

Ann: Argosy Delivers Exceptional PEA Results for Rincon Project, page-215

  1. 2,492 Posts.
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    Guys, what's the point of this pissing contest? Clearly there are some facts for and some against the PEA being a positive. There is enough information on the table to form your opinion. If it was 100% clear one way or the other the Stock would be tanking or taking off. Instead, we are just unloved. What i don't get is this: Assuming we take a massively increasing demand for Li for granted (everybody agree so far?), then where is this Li coming from? Could those who believe the PEA and the whole AGY story is not good enough, not worthy of an investment despite an IRR of 53% (ok make that half, 26% to be safe) and an investment of $200m, alright, let's call it $300m, to put your cash into an emerging future industry with a guaranteed market, where then do you find a better investment? White knights, please help find that better investment. Else help me with objective critical discourse based on facts so i keep appreciating the risks, but else shut up.
 
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