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2.38%

4.3¢ argosy minerals limited

General Comments & Banter, page-11976

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sharerookie

641 Posts.

93

18/02/19

23:49

Post #: 37477915
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Originally posted by perer66: ↑

Kevin03

Like I said happy to hear a downside. What is your fear here if they do ?
For Jerko - 68 mill shares he holds- at $0.03 return per share = $2,000,000 per year in dividends. Not bad !
Puna Mining - they will be making $6 mill PA, not bad either.
Cash is king here.... The Jap companies have it and we don't ! .... bottom line. AGY will not get financing from normal sources, that much Jerko has said. What other options does he have here.... realistically !
Any funds obtained will be in return for a large stake in company ( I mean I would be driving a hard bargain here if I was on the other side negotiating with AGY ). Why is the SP where it is.... I did say this to Jerko weeks ago, it's almost like someone trying to keep it here so we have VWAP at these levels.
But like I said - I am not that concerned if it happens because that means we will go to full scale production and the company will make money and the share price will go up.

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This is not a run off the mill product but a proprietary product in very high demand. Japs need AGY as much if not more than AGY needs them so AGY will not be taking a subordinate role here. This is similar conversation to where someone was mentioning IRR will be in mid teens or something.

AGY Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.3¢		Change 0.001(2.38%)		Mkt cap ! $62.60M

Open	High	Low	Value	Volume
4.1¢	4.4¢	4.1¢	$85.15K	2.029M

Buyers (Bids)

No.	Vol.	Price($)
5	341768	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	93901	3

View Market Depth

No.	Vol.	Price($)
5	341768	0.041
7	783495	0.040
2	300000	0.039
13	781480	0.038
9	1625849	0.037

Price($)	Vol.	No.
0.043	93901	3
0.044	629137	12
0.045	856298	8
0.046	724118	5
0.047	355000	6

Last trade - 16.10pm 31/10/2024 (20 minute delay)

AGY (ASX) Chart