AGY argosy minerals limited

Ann: Rincon Lithium Project - Progress Update, page-192

  1. 18,039 Posts.
    lightbulb Created with Sketch. 3370
    Followed them from pre-pilot plant to Pilot Plant and onto 2kt plant.

    That is about 8 yrs now from memory ...if they still cannot produce profitably, consistently and sustainably at SCALE by now - in most likelyhood they won't be profitable.

    THey sold themselves as having the best and profitable production flow - some top guy from ex FQM or Orocobre or some fugazy crap.

    And yet - they are currently producing wheelbarrow volume and at a loss. No signed up partners because they can't even show their process works consistently at SCALE and at a profit.

    Who would sign up with a producer that could go broke without endless CR ?
    Last edited by kevin103: 15/05/24
 
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