AGY 5.71% 3.7¢ argosy minerals limited

General Comments & Banter, page-10006

  1. 370 Posts.
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    My take is about realities. I am in long term from the 2 cent days with a comfortable holding, so no ramping agenda. Serious holders have the fundamentals at heart and so they should yet sometimes this type of commitment can inhibit seeing market realities.
    A good many of the herd out there buy and sell stocks only on shallow headlines, without looking any deeper. In our case a PEA mine life of 11 years@ 15000 tons per annum, or 16.5 years @ 10000 tons per annum. Period as far as a strict conservative deadpan PEA goes. Many will look no further and conclude that this is only a small tinpot operation which in the end may achieve only a bit of dough.
    We all know different and the general market with effective promotion soon will. But right now the simple headlines of the PEA , appealing to transient type players, is holding the SP back. Be patient, and wait. I have been in this stock game for at least 40 years and always the fundamentals are all that matter in end. You are either in business or not, meaning you have a cash flow from sales or not. No day trader 4th dimension calculus can overcome this.
    After all this time, AGY strikes me as a standout which will deliver. It makes me shed my jaded hard crusted cynicism of the spec end of the market. This one is the real deal. Good resource, management, fast tracking, and the enthusiasm to go with it, which will achieve the fast tracking objective, I have never seen a fast track approach work well - it is just hype which fizzles out. AGY is different. They will make it work. They have the goods and smart cookies to make it work. Market sentiment or otherwise works on perceptions erroneous or not. Right now what is the perception mix nudging the SP down - superficial doubts about no OT being able to move straight to stage 3
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Last
3.7¢
Change
0.002(5.71%)
Mkt cap ! $50.95M
Open High Low Value Volume
3.7¢ 3.7¢ 3.7¢ $44.02K 1.189M

Buyers (Bids)

No. Vol. Price($)
10 1821503 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 965000 3
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