AGY 4.00% 13.0¢ argosy minerals limited

Cool your jets chief. They are clearly building more ponds...

  1. 13,412 Posts.
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    Cool your jets chief.
    They are clearly building more ponds because they have absolute confidence in the processing capability, and are aligning evaporation cycles with future production capacity.
    They are not taking a traditional stepwise sequential approach because they don't need to prove each step in order to attract funding for the next step. Interesting. Different. Clever.
    IF you have the in house expertise with decades of experience, you can afford to take such risks, because they are significantly mitigated.

    Some people seem to have a really confused sense of timing with these types of undertakings. We only had confirmation of initial BG a few weeks ago, and people are complaining about needing an update NOW.
    They are working on refinements etc.; in the nicest possible way, I say "pull your head in" unless you can do it better. It's so easy to be critical from behind the keyboard when one has very little knowledge of what's actually happening and what it takes to progress through the next step. And forget about them spoon feeding info and progress, It's far better for the company that they just get on with it and update the market as and when required. As they are doing.

    Relax. Adjust your timing expectations and forget about expecting them to manage the SP; it will take care of itself as progress is made.

    Claiming lack of transparency? They are busy trying to build a new company and in the process multiply your $$. Relax.

    I don't mean to sound harsh but there is nothing wrong with a few weeks going by without an update. Nothing at all. If you don't trust that they are doing everything possible to progress rapidly and effectively, then perhaps you need to do some more research. Quality blokes at the helm. (Relax!)

    Cheers
    Last edited by GCar: 12/09/18
 
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