AGY 6.25% 4.5¢ argosy minerals limited

Ann: Argosy Purchases Strategic Tonpah Lithium Project in USA, page-72

  1. 13,797 Posts.
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    @TheGekko

    "I agree with you Keepsmiling on the resource issue, but the lithium flowsheet development process is a very important project development element which AGY has nailed at what would be considered low commercial quantities. And before the AGYers jump down my throat and say AGY is ahead of everyone else, well yes, they are ahead of everyone else on that aspect because no one else has gone down that route. Other lithium hopefuls are following the traditional development route."



    Not sure what you mean by this?

    If you are implying that AGY have gone down some typeof non-conventional processing path, then that would be incorrect.
    They are indeed processing via conventional methods. BUT, as with any specialty chemical processing operation, the process requires some level of tuning and customisation to appropriately manage the specific feedstock.

    See latest announcement.

    Note: "conventional chemical process technology"

    There is no one-size-fits-all, and hence the"developed for our Rincon Lithium Project".


    If on the other hand, you are referring to the strategy of fast-tracking an industrial scale pilot plant and significant area of ponds, then yes AGY have jumped straight to demonstrating a scalable process solution. This will ultimately work in their favour imo (and has done to-date), as it de-risks the capability of consistent quality commercial-scale production, thereby providing potential partners and customers with confidence that this can indeed become a commercial success at a much larger scale. This approach has allowed us to provide tonnes of product into product qualification with minimal risk surrounding the scalability of the processing. Smart approach imo.

    Others can/will provide relatively small samples to"prove" their product, but their ability to viably produce that material at commercial scale is far less certain imo.


    This is not Pablo's first rodeo!



    IMO
    DYOR
    Last edited by GCar: 09/01/21
 
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