AGY 2.33% 4.2¢ argosy minerals limited

AGY Shorts, page-591

  1. 606 Posts.
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    Puna mining linkedin profile has 91 employees. Say salaries & wages average at a US$1000/month (tax and levies inc).
    Add USD100k in general expenses (utilities, security, etc).

    Argosy staff and administration costs are broadly offset by interest on balances (based on latest quarterly) but add another USD100k/month.

    That is USD873k/quarter or AUD1.5m

    That is 15 quarters for the AUD23m cash at bank in June 23.

    See how simple @Sdaji . You would have saved 6 pages worth of shit posts.


 
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