AGY argosy minerals limited

Ann: Change of Director's Interest Notice, page-86

  1. 14,697 Posts.
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    You say the 'evolving market' is the excuse for the pilot plant not doing what they originally said (demonstrating production at scale and generating revenue, literally the main two purposes it had, not some minor details). The 'evolving market' massively increased lithium prices! Hardly a good reason to abandon a facility designed to produce something! I'm not sure if you're dishonest or deluded but either way, what you're saying is absurd.”


    Why do you continue to ignore the facts?

    The pricing landscape and company response wrt pilot plant plans was spoon fed to you:

    https://hotcopper.com.au/threads/general-discussion-agy.5895259/page-22253?post_id=73212896


    Pricing went $12-10-9-8-7-6 per kg through 2019 and 2020…. Yet you wanted them to produce more..?
    Pricing increased after we got busy building the 2ktpa plant in 2021.

    The fact that they were preserving cash and not prepared to sell product at a loss is clear as day.

    It is all detailed in the post linked above, and the associated announcements throughout that period.

    Do your homework please.
 
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