AGY 3.45% 9.0¢ argosy minerals limited

Good one on CXO. I should've taken a position when I saw beer &...

  1. 2,917 Posts.
    Good one on CXO. I should've taken a position when I saw beer & co were involved early on. Missed opportunity for me.

    The valuation in the hundreds of millions will come from producing even at lab scale and this will require funding. when they execute this funding and how is anyone's guess. But when they do its re rating. And agree significant news definitely needed with any CR.

    Does anyone understand R&D's on this thread? Does the R&D rebate apply to Rincon lab scale as it's in Argentina but an Australian company and cash at work? If this is the case, This with profit out of lab scale production could well pay for pilot scale with debt covering the rest and replicated to commercial scale? This will eliminate dilution altogether.
 
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