Australia's largest stock trading and investment forum Australia's #1 stock forum

AGY

Click for more information

41.2%

4.8¢ argosy minerals limited

AGY - Scaling up, page-2

First 2 Last

Share
Profile

Follow
Kaeho

7,124 Posts.

1669

02/08/21

21:29

Post #: 54975308
Share

Originally posted by FrankRockefield: ↑

Hey guys,

Saw this from a chemical engineer and thought I would ask what you guys think about this here:

"The management is good at AGY. Hard to scale resource though, the quality is low. The number of transfer ponds, halite ponds, sylvinite ponds and carnallite ponds will have to be immense, both in size and quantity, to compensate for the low lithium concentration when you go above 10,000t/pa.This diagram explains the process - to scale AGY past 10,000t/pa will be an item of massive capital expenditure for all that ponds compensating for the low lithium concentration:

It's easy to get samples out - different story to scale with low resource quality. I would love to see their DFS. Getting finance without DFS is super rare from a chemical specialty mine"

Just asking the question guys - would love to hear you feedback.

Expand

They skip the Halite, Sylvinite, carnallite ponds, stockpiles and cute tonka trucks. Heaps of Capex savings from 3 times less ponds by just pumping evaporated brine directly and using soda ash.

It is pablo’s secret sauce that makes it all happen lol. Why don’t u post that on their Twitter I would like to hear from Pablo how that sauce works…..or maybe the diagram below is just that.

AGY Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

Reply

Top Stories

Nine's staff strike as Paris Olympic coverage begins

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

There are more pages in this discussion • 428 more messages in this thread...

First 2 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 4.8¢		Change 0.014(41.2%)		Mkt cap ! $69.88M

Open	High	Low	Value	Volume
3.7¢	5.1¢	3.6¢	$2.325M	53.80M

Buyers (Bids)

No.	Vol.	Price($)
4	708717	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	280000	1

View Market Depth

No.	Vol.	Price($)
3	649043	0.048
3	190000	0.047
5	575273	0.046
5	156385	0.045
3	172040	0.044

Price($)	Vol.	No.
0.050	895500	6
0.051	528549	5
0.052	916537	6
0.053	1312055	4
0.054	715777	6

Last trade - 16.10pm 26/07/2024 (20 minute delay)

AGY (ASX) Chart