AGY 2.63% 3.7¢ argosy minerals limited

Ann: Li2CO3 Spot Sales Contract Executed With Korean Customer, page-137

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  1. 5,648 Posts.
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    Your desperate attempt to prove something which is categorically wrong is strange, but you sure are dedicated to it.

    I can browse the internet and find as many quotes and references saying absolutely anything I want. The Earth is a sphere? Sure. The Earth is flat? Abolutely! Climate change is real? Abundant sources! Climate change is a scam/psyop? As many references as you could want! Donald Trump is a terrible criminal/literally Hilter/the most evil/incompetent man who ever lived? More than you could ever read. Trump is a brilliant super genius/the best man of our time/literally sent by God to save the world? Just as many!

    Do aliens run the government? Is Elvis still alive? Can men get pregnant? Should women be allowed out of kitchens to vote? Any crazy idea you've ever heard of or can think of will have plenty of websites backing you up.

    Lithium carbonate literally is a commodity, as per the actual definition of commodity. If you want to simply do a web search on any browser you choose for "Is lithium carbonate a commodity?" it will always say yes. Ask ChatGPT, it will say yes. Look up the definition of commodity, lithium qualifies clearly. We all know that it actually is a commodity.

    Is all lithium carbonate fungible? No, of course not. Has anyone made that claim? Nope! Is fungibility a requirement of being a commodity? No.

    Many of the most traded commodities in the world are non fungible. Coffee and corn are two of the most commonly referred to commodities.

    This is just a silly attempt to avoid examining the company properly. Literally making the claim that lithium is not a commodity, which is pointless and even if your point was valid, which it isn't, it would be a negative for AGY.

    What point are you trying to make anyway? AGY has a risk of being unable to find a buyer? Only if it never produces in decent quantity, and even if it was to go into liquidation tomorrow it would probably manage to sell the current stock even if it had to sell at a slight discount.

    Bottom line, lithium is a commodity. It's weird that you make this completely incorrect claim as a method of trying to push the point that it is non fungible, which no one ever disagreed with. Taking a point of agreement and using it as an excuse to be incorrect is a weird flex, but... job done.
 
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Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $53.86M
Open High Low Value Volume
3.8¢ 3.9¢ 3.7¢ $92.47K 2.452M

Buyers (Bids)

No. Vol. Price($)
13 2417824 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 364714 6
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
AGY (ASX) Chart
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