AGY 2.78% 3.7¢ argosy minerals limited

Li-related News/Articles/Reports, page-2835

  1. 5,651 Posts.
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    More importantly, at 12,000TPA, even subtracting 10% (it's not 100% ours, but will be 90% when we're at 12,000TPA), at this spot price our revenue would be over *ONE BILLION DOLLARS* (puts end of little finger on lips in delight)

    I expect lithium prices to continue to rise until then. Whatever PE multiple you want to use, one billion dollars is still more than our current market cap, so our share price should be multiples of something larger than the current share price.

    Oh, then double it for when we get to 25,000TPA

    And if we're lucky, add something for Tonopah as a bonus.

    This could very easily get to $5, and if all goes well for AGY's operations, plus the lithium prices stay around where they are (I expect they'll go even higher until we're at 25,000TPA in about 3-4 years), we should top $10.

    A few months ago some people said I was nuts when I posted my calculations, but it's looking more and more achievable every day.

    Have a great weekend!
 
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