AGY 8.70% 5.0¢ argosy minerals limited

Ann: Rincon Lithium Project Update, page-221

  1. 4,034 Posts.
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    Apologies. I read GXY and had PLS in my head. Same comparisons apply, with GXY being a spod miner that had multiple globally significant resources. Comparing with that company is just as dumb. Ignore PLS comparison, but Orocobre still applies. Points for the GXY comparison:

    It had one of the only operational spodumene mines in the world (Mt Cattlin)
    It had multiple offtakes with Chinese partners for 120kt per annum
    It had identified >4Mt resource at Sal De Vida (proven and probable)
    It had identified a >22Mt spod at 1.28% resource at James Bay.

    Again, not even close and not a valid comparison.

    Last edited by Rob826: 07/09/23
 
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