AGY 7.69% 4.2¢ argosy minerals limited

AGY Chart, page-621

  1. 673 Posts.
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    Real value in this is probably around the 20c mark at this stage based on S2 numbers.
    But how high north will this fly before settling back down at its real value?

    I'm guessing the real increases will happen after the DD completion or it should,, realistically I believe for any S3 value to be worked in the Sp, the JORC and prove of S1 product in the 1st quarter of 2018 will have to be provided first.

    On this run alone with S2 and the anticipation of what's to come.
    I'm predicting the Sp touching 40s fuelled by anticipated potential on top of S2 numbers, then settling back down in the mid to high 20s.

    In the very very near future though, I still see this trading sideways for a couple of weeks, although wouldn't be surprised if it just lifts off based on such strong fa.

    DYOR
 
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