AGY

5.56%

3.8¢ argosy minerals limited

Ann: Renounceable Rights Issue to raise up to $6.2M, page-234

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Chobby

861 Posts.

179

11/03/19

16:25

Post #: 37722839
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Originally posted by e7dem ↑

I'm with you. It is hard to build a sustainable business.... AGY has progressed really well from my perspective. Staring at the SP is not what I make my investment decisions on.

I'm really happy being invested here, as I don't plan to sell today or tomorrow or any day soon. Chasing stocks is not easy, I'm sure many of us have done this plenty of times but without much success.

With AGY, currently I'm in the red but that's only SP. This will change. The main factors of AGY and my investment is in Management and the skills onboard (PA). This is what will get us there in the end.

It's important to realise that lithium has done poorly in 2018 so AGY could never stand against that. We can see sentiment in Lithium slowly changing and when it takes off so will we.

AGY's progress can be seen. We have tenements, JORC, pilot plant, ponds and product.

OT will come, but when S3 commercial terms fall into place I don't think any of us will understand what a goldmine we stumbled on when we invested in AGY. This will be a long term investment we can watch grow... That is if investors choose to hold on to their shares.

I haven't thought twice about taking up my full rights in the CR. I will. Sure any kind of scenario on SP up or down can play out... But I choose not to waste time thinking about that. I'm invested and will continue to invest over time. That will guarantee me a great average SP over time rather than trying to pick tops and bottoms.
Agreed, I can’t understand all the Ho Ha over a CR. If we had been just poking along getting to where we are today with no mention of chasing an OT partner there would be no fuss. Business as usual for most small caps endeavouring to make a company. Raising a few more dollars while executing the long term plan to produce top clas Li in partnership with a manufacturing company is ok with me.

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AGY Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
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($)
7	927072	0.038
5	1125500	0.037
17	1599933	0.036
24	2420960	0.035
6	1297499	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

Last trade - 16.10pm 27/09/2024 (20 minute delay)

AGY (ASX) Chart

Ann: Renounceable Rights Issue to raise up to $6.2M, page-234

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Ann: Renounceable Rights Issue to raise up to $6.2M, page-234

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The market's shrugged at China's stimulus measures all year. Why is this one different?

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