AGY 6.82% 4.1¢ argosy minerals limited

Depending on how today finishes, it will prep next week for...

  1. 2,781 Posts.
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    Depending on how today finishes, it will prep next week for further lows, with a possible pull-back to ~14c in the meantime. No springs involved, unfortunately.

    It's in free fall because there's likely no material progress until Q1-2 next year, but that's just an educated guess from the wording used in their announcements. I would like to hope they get the issues with the 2ktpa sorted 1H24' but that's no guarantee by any stretch. Then add in speculation to a CR in H1 if they cannot get off-take/funding package sorted in time.

    Lit stocks are on a run last couple of days, but I don't think that will be enough for AGY to just 'follow suit' for no reason.

    IMO DYOR

    https://hotcopper.com.au/data/attachments/5821/5821908-51bd31322824548b648e3a03410c90d7.jpg

 
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