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3.8¢ argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-100

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CandyStoreRock

298 Posts.

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24/05/24

11:38

Post #: 73991547
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Originally posted by GCar: ↑

I find the COO appointment very interesting.
AFAIK:
It’s not as though he will be involved in the running of Puna Mining.
It’s not as though he is doing all the leg work on the strategic partner deal, although I’m sure his background and contacts will help.

….So, what is brewing that we need to fund a COO position?
Surely it’s not a “we need your help for 6 months” thing…?

IMO:
This is the beginning of the next chapter, in a sense, where we get the expansion deal sorted and then, as AGY and “separate” from Puna Mining (at least wrt the Rincon project) we move towards our next project.
Could it be a focus on Tonopah? Something else?
There must be something in the works - or at least planning to be in the works beyond the expansion deal, to justify this position/investment by AGY, imo.

I guess we’ll find out as H2 evolves.

I couldn’t make it to WA today, but perhaps someone might ask a question along these lines..?
I can’t help but think this is a plan for something beyond the expansion funding …. “our development and growth plans”….?

Very interesting indeed…

Just some thoughts to ponder, IMO.

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My personal opinion is that his primary purpose (amongst others) is overseeing the production plant up to full output

AGY Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $55.32M

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