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9.2¢ argosy minerals limited

General Discussion AGY, page-18746

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juve_1

226 Posts.

67

09/11/23

14:03

Post #: 70810450
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Originally posted by asxDragonslayer ↑

In all seriousness investors have a right to be annoyed.

We are meant to be in operational ramp up to 2ktpa throughput. A mechanical issue in the simplest circuit has delayed/hamstrung output to 10% at best for over five months now. The lack of timely updates on this issue is unacceptable. Normal incremental output improvement is to be expected in this game but stuck at 10% for months is not. At this stage we should be getting weekly updates on an issue that critical it is affecting 90% revenue. Any competent business would do so.

It's going so long that I am starting to suspect the Lithium guru has under designed the primary solid throughput to support 2ktpa operations. The belt press cant filter fast enough lets call it a mechanical issue.

Worse still they keep pushing back our "operational start" using a thesaurus to avoid it. We were meant to be operational a long time ago, even if ramping up.

imho
dyor

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"A mechanical issue in the simplest circuit" I assume you are referring to filtration? Sounds like you are familiar with each circuit of LCE chemical production. What do you consider the more difficult circuits?

AGY Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.2¢		Change -0.001(1.08%)		Mkt cap ! $133.9M

Open	High	Low	Value	Volume
9.2¢	9.4¢	9.0¢	$329.9K	3.597M

Buyers (Bids)

No.	Vol.	Price($)
2	59325	9.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	73784	2

View Market Depth

No.	Vol.	Price($)
2	59325	0.092
4	83943	0.091
12	1357853	0.090
6	427454	0.089
4	61918	0.088

Price($)	Vol.	No.
0.094	73784	2
0.095	51130	1
0.098	10250	2
0.100	101200	2
0.105	589111	4

Last trade - 16.10pm 14/06/2024 (20 minute delay)


Last 9.2¢			Change -0.001 ( 1.08 %)
Open	High		Low	Volume
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