Good summary whitecollared....
I too was there and asked a few questions. So what I took away from the day was...
Progress being made in right direction. they have done everything they have set out to do thus far.
AS a chemical process company and not a miner I think there may be doubt as to whether they can process BG LC and/or hydroxide in commercial quantities. SO once they start pumping this out in larger quantities and prove the process I think we shall see some companies come to the plate for funding.
Just to note the 100t Mitsubishi deal - was AGY doing, They did not want to sign up for more and it was stressed by JZ that they did not want to commit to supplying more as it would tie up funds and staff, for very little return, The emphasis on the deal was that they have Mitsubishi interested nothing to do with quantity.
Stage 2 , he also mentioned that the CAPEX for this would be a lot less than what many would think/assume however did not want to divulge those cost, at this stage, for a few reasons. Stage 2 plant would take 12 months to build.
As for SP, Tinie89 is correct above, but as JZ stated.... needs more buyers than sellers. A fund selling has pushed the price down... will now need some good news to push this up.
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argosy minerals limited
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.83M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $9.941K | 652.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1652284 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1589996 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 1652284 | 0.015 |
37 | 7448185 | 0.014 |
9 | 4736876 | 0.013 |
11 | 2586411 | 0.012 |
6 | 2201000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1589996 | 14 |
0.017 | 2046694 | 9 |
0.018 | 1713045 | 18 |
0.019 | 2162335 | 8 |
0.020 | 480751 | 8 |
Last trade - 13.49pm 25/06/2025 (20 minute delay) ? |
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