Although this is great news for SH's it was never really going to do much other than calm the nerves and explain the direction that Argosy is moving in. It shows that they aren't sitting on their hands, and have been working on a number of different avenues to establish the company. Having different opportunities to advance the business - i.e. Japanese off-takers, Korean off-takers (hydroxide) and Korean strategic investors really spreads the risk and puts the company in a stronger position than relying on say a single large off-taker who also has a large strategic investment. That would just give them far too much say and is why Jerko pulled out of the potential deal with the Chinese over a year ago.
I like the prudence of Jerko and the way he is going about managing Argosy. His actions prove that he and Pablo are in this for the long haul, and don't want anyone else having the power to make decisions for them that may not be in the best interest of AGY and its shareholders.
Again, not price sensitive, but very reassuring.
All imo
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Last
3.8¢ |
Change
0.002(5.56%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.7¢ | 4.0¢ | 3.7¢ | $271.6K | 7.042M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1174965 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 1272049 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1124965 | 0.038 |
5 | 1125500 | 0.037 |
18 | 1649933 | 0.036 |
24 | 2420960 | 0.035 |
7 | 1547499 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1272049 | 10 |
0.041 | 606346 | 5 |
0.042 | 1177717 | 9 |
0.043 | 1742500 | 3 |
0.044 | 700350 | 6 |
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