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1.32%

3.9¢ argosy minerals limited

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Simoncho

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26/08/21

04:53

Post #: 55576339
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Originally posted by stockski: ↑

Just reading some ORE stuff today...ALLKEM etc.. looks interesting. Anyway prior to the announcement of the merger the SP was around $5 with an MC of 1.72B MC. Now they obviously have a few projects but almost all their revenue comes from Olaroz. Which last year did 12.6 kt of LCO, only 44% of which was BG. Also remember they only own 66.5% of olaroz. So effectively they have a MC of 1.7B for 8.4ktpa of 44% BG LCO. Doesnt take into account of few factors obviously (resource size, opex, borax, hydroxide plant), but imagine 90% of 12kt at 100% BG, i.e AGY. Maybe it's naive to think we can do 100% BG, I don't know, but I feel like that is what we are aiming for.

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It's not naive to think AGY will be producing all battery grade. It's done.

It's naive to think that making batteries in Argentina would reduce transport emissions - you'd then have to transport the batteries. That kind of thinking will get you a job in Adani's Australian Government division.

AGY Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.9¢		Change 0.001(1.32%)		Mkt cap ! $55.32M

Open	High	Low	Value	Volume
3.8¢	3.9¢	3.8¢	$25.2K	656.4K

Buyers (Bids)

No.	Vol.	Price($)
8	609351	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	149547	8

View Market Depth

No.	Vol.	Price($)
8	609351	0.038
15	3374912	0.037
32	2661072	0.036
16	2268968	0.035
9	1297596	0.034

Price($)	Vol.	No.
0.039	149547	8
0.040	1214021	6
0.041	414672	5
0.042	515877	6
0.043	356159	4

Last trade - 11.48am 06/11/2024 (20 minute delay)

AGY (ASX) Chart