AGY

8.14%

9.3¢ argosy minerals limited

Ann: Quarterly Activities Report - June 2022, page-81

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givemethecash

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28/07/22

23:27

Post #: 62793788
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Originally posted by Dr_Manhattan: ↑

There is a lot of potential positive news in the pipeline.

Short term....
(1) Environmental Impact Assessment and approval
Expected to be approved soon.
(2) Funding plan for the 10kt expansion likely linked to offtakes
I'm guessing this is waiting on (1) at this stage. Likely a lot of offers with the lithium demand side desperate today for supply.
(3) Ramp up begins of lithium carbonate commercial production
This will be big as success here will de-risk the 10kt expansion methodology wise. Add in a solid funding plan in (2) and investors will have little doubt that AGY can pull of the expansion.

Medium term....
(4) Rincon Resource Expansion results
More impactful than most companies resource expansions as the Rincon resource is rather small at present and leads to potential future expansion.
(5) Tonopah drilling results
Any success here, being located in the USA and especially with proven success in Rincon ramp up (3), will likely lead to big valuation increase. Could possibly be eligible for DOE’s $15 billion Advanced Technology Vehicles Manufacturing (ATVM) loan program to fund building which was just given to SYR for its spherical graphite expansion plans.
(6) Rincon expansion to 12kt construction begins

Longer term....
(7) Ramp up to 12kt production
(8) 77.5% to 90% ownership increase

I'm sure more will turn up as time passes but already, AGY has one of my longest valuation catalysing events list of any stocks I follow.

Expand

Originally posted by Dr_Manhattan: ↑

There is a lot of potential positive news in the pipeline.

Short term....
(1) Environmental Impact Assessment and approval
Expected to be approved soon.
(2) Funding plan for the 10kt expansion likely linked to offtakes
I'm guessing this is waiting on (1) at this stage. Likely a lot of offers with the lithium demand side desperate today for supply.
(3) Ramp up begins of lithium carbonate commercial production
This will be big as success here will de-risk the 10kt expansion methodology wise. Add in a solid funding plan in (2) and investors will have little doubt that AGY can pull of the expansion.

Medium term....
(4) Rincon Resource Expansion results
More impactful than most companies resource expansions as the Rincon resource is rather small at present and leads to potential future expansion.
(5) Tonopah drilling results
Any success here, being located in the USA and especially with proven success in Rincon ramp up (3), will likely lead to big valuation increase. Could possibly be eligible for DOE’s $15 billion Advanced Technology Vehicles Manufacturing (ATVM) loan program to fund building which was just given to SYR for its spherical graphite expansion plans.
(6) Rincon expansion to 12kt construction begins

Longer term....
(7) Ramp up to 12kt production
(8) 77.5% to 90% ownership increase

I'm sure more will turn up as time passes but already, AGY has one of my longest valuation catalysing events list of any stocks I follow.

Expand

Yep, and long term it means 12ktpa production will mean 32 tonnes of Lic2O3 per day! And it is real. Luckily we can still top up at 40 cents. Amazing.

AGY Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.3¢		Change 0.007(8.14%)		Mkt cap ! $135.4M

Open	High	Low	Value	Volume
8.9¢	9.4¢	8.7¢	$168.6K	1.860M

Buyers (Bids)

No.	Vol.	Price($)
1	100000	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.3¢	299999	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.090
3	472915	0.089
3	78883	0.088
2	184482	0.087
4	164883	0.086

Price($)	Vol.	No.
0.093	299999	1
0.094	14000	1
0.095	269294	3
0.096	405763	3
0.097	50000	1

Last trade - 16.10pm 12/07/2024 (20 minute delay)

AGY (ASX) Chart

Ann: Quarterly Activities Report - June 2022, page-81

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

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Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Immutep reports strong response rate from immunotherapies treating carcinomas

Almonty locks in govt agreement for tungsten oxide plant in South Korea

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

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Buyers (Bids)

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Ann: Quarterly Activities Report - June 2022, page-81

Top Stories

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

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Nimy to raise $1.21M to explore 'newsy' WA targets

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Immutep reports strong response rate from immunotherapies treating carcinomas

Almonty locks in govt agreement for tungsten oxide plant in South Korea

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News