So,
I doubt many of us here thought we'd still be wading around the 24c mark after the following de-risking activities were released to the market:
- Operational plant
- Deleterious elements for battery grade such a Mg, SO4 and metallic impurities at acceptable levels
- Land acquisitions
- JORC (1)
...
Nothing has fundamentally changed and the risks and issues are ALL temporary hinderances rather than ticking time-bombs.
The new financial year will begin soon, the trading disputes will get resolved, North Korea won't begin WW3, the EV revolution is only beginning, and there will be PLENTY more cycles in the lithium sector before it has all been said and done. The short-term delays won't matter in the long-term as long as PA uses the time to get the process right (which is the most important thing for Argosy at the moment by far). And, the gas already HAS been turned on, which should enable us to reach BG since the washing stage can now get rid of all the SOLUBLE impurities
...
So in short, Argosy in progressing fundamentally, the risks mentioned above are all temporary, and Argosy is trading at bargain basement prices. I am really looking forward to the next few months, and need to keep reminding myself to look at the big picture... because its pretty goddam impressive!
(20min delay)