AGY 2.33% 4.2¢ argosy minerals limited

General Discussion AGY, page-7737

  1. 5,584 Posts.
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    Hehehe.

    If there was any doubt, you just removed it. You can't just compare market caps of different companies based on resource size. For one thing you're ignoring the fact that AGY hasn't even yet explored their resource while those you're using as comparisons have already drilled deeper (AGY is literally doing that now and we could get results any time), but this is not just digging rocks out of the ground and selling them, this is as much or a chemical processing industry as a mining industry, and while anyone can drill down and see what's in the ground, or pump it out of the ground, AGY is actually processing it into a salable product and selling it, which those you're comparing to aren't even capable of.

    This is not how to value a brine lithium company. But, your mistakes and the fact that you so confidently display them are indicative that many people are making those mistakes which explains the low share price. The further down the track we go, the more value will be given to companies which actually do have viable operations selling product as opposed to chemicals in the ground they haven't managed to do anything with.
 
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Last
4.2¢
Change
-0.001(2.33%)
Mkt cap ! $62.60M
Open High Low Value Volume
4.1¢ 4.3¢ 4.1¢ $13.48K 322.1K

Buyers (Bids)

No. Vol. Price($)
7 1399722 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 190107 3
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