AGY 8.70% 5.0¢ argosy minerals limited

Ann: Annual Report to shareholders, page-50

  1. 1,628 Posts.
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    US$140,000,000 pa revenue if we sold 2000 tonnes BG on CIF North Asia right now, so if you consider we are fully funded at 2ktpa, debt free and have money in the bank, it's take it or leave it with our negotiations.

    As we draw closer to production the need for a strategic funding partner for our 10ktpa operation diminishes imo, we can fund our own expansion, perhaps this is the plan now, we are agile and timely, we also are continuing to raise capital through options which is intriguing at this point.


 
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