AGY argosy minerals limited

Ann: US$5M Strategic Investment by ATL, page-369

  1. 5,904 Posts.
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    You made the irrelevant comparison to extracting gold from seawater as though it was proof that it would never be viable, or was somehow evidence of the futility of trying.

    This was incorrect and it may well become economically viable in the future.

    The relevant point being that lithium is indeed abundant and technology will improve to make production cheaper. It's not like gold (your example) which has a much more limited global supply and after we extract some it rapidly becomes increasingly difficult to supply demand which increases the price. Lithium is a commodity with a clear, finite demand which can be entirely supplied without depleting the natural supply.

    You have used a $tr@wman argument here (saying that someone said lithium would become worth nothing in the future) and also used a goalpost moving strategy, pretending that the disagreement was whether or not the extraction was currently viable, rather than if it would ever be viable.

    The blatant dishonestly you are displaying goes hand in hand with the lies you have told yourself about AGY's situation over the last 6-12 months. Doubling down on being incorrect doesn't help your investments, it's always better to wake up sooner than later even if it has already taken you longer than it should, and using dishonest/invalid debating techniques is just pathetic.
 
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(20min delay)
Last
2.6¢
Change
0.002(8.33%)
Mkt cap ! $39.93M
Open High Low Value Volume
2.5¢ 2.7¢ 2.5¢ $594.2K 22.86M

Buyers (Bids)

No. Vol. Price($)
3 450000 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 3998959 4
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Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
AGY (ASX) Chart
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