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2.27%

8.6¢ argosy minerals limited

AGY - Scaling up, page-5

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Kaeho

7,029 Posts.

1641

02/08/21

21:40

Post #: 54975473
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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.

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How incompetent does a chemical engineer have to be to come to a stock forum to discuss chemical engineering with a bunch stock heads? Why not email the person in charge of chemical engineering at the company or go on their Twitter instead of trying to act like u got a big d!ck with a bunch of non chemical engineers? LOL

AGY Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.6¢		Change -0.002(2.27%)		Mkt cap ! $127.3M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.6¢	$140.6K	1.614M

Buyers (Bids)

No.	Vol.	Price($)
9	444218	8.6¢

Sellers (Offers)

Price($)	Vol.	No.
8.7¢	102355	6

View Market Depth

No.	Vol.	Price($)
9	444218	0.086
16	904141	0.085
2	21916	0.084
4	199677	0.083
2	61500	0.082

Price($)	Vol.	No.
0.087	102355	6
0.088	329271	5
0.089	234045	4
0.090	968990	6
0.091	100000	1

Last trade - 15.27pm 21/06/2024 (20 minute delay)

AGY (ASX) Chart

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