AGY 2.70% 3.8¢ argosy minerals limited

Fundamentals (New), page-838

  1. 307 Posts.
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    Fact: the PEA which was released is stated to be accurate to + or - 50%! So quoting/posting these figures with out this this disclaimer is pretty misleading imo.

    Fact: management left out the quantity of the off take announcment (intentionally or not) which raised the share price the day before credit raising deadline. This is of note because once the following announcement was digested the share price dropped by 60% in the coming days. Tbh the off take could have been for 1kg and you wouldn't have been wiser without the clarification announcement so it should have been in there to begin with.

    Fact: agy is in a down trend.

    Fact: cash flow negative. Listed cash flow negative companies use the share market to raise capital (this is from you the shareholder).


    Fact: this post isn't going to bring Agy's share down.

    Glta imo
 
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