AGY 2.50% 4.1¢ argosy minerals limited

General Discussion AGY, page-17043

  1. 122 Posts.
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    You’re correct, EPS of 2.6 cents is a more sensible value after tax and your 77.5% factor. I’m not sure about the latter, will need to do my DYOR.

    Personally, I would not use a P/E ratio higher than 7-8 for a company such as AGY for its initial production stage, and reiterate that the current SP reflects its value for this stage. However, in 2027 if the 10ktpa is delivered then SP of $1 plus is certainly possible, more so if Lithium prices rise steadily.

    In the current market I would add to my AGY holdings only if SP goes down to around 20-22 cents.
 
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