Ann: Argosy Signs Agreement for Signifcant New Lithium Projects-AGY.AX, page-45

Greta find Qaunta. AGY have been working confidently to secure significant projects and as your research shows what they have delivered is a project slap bang in a prime known lithium quality area amongst some of the biggest lithium player in the world. AGY have not been shy in their reports to clearly state they expect to deliver significant value to holders. It is the reason i started loading up back at .003 and continued to buy and average up which is something i rarely do but i have real confidence in this board and even more so now after delivering a project that is slap bang in the thick of it. There was some supply today which held this back but i would expect this to play out like other lithium players which have seen massive runs. Some key statements from today's announcement really stuck out.
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Argosy believes the proposed acquisition to potentially be a game-changing proposition given the project locations within the world renowned “Lithium Triangle”, adjacent, amongst others, to the Salares of Pozeulos, Rincon, Cauchari, Olaroz, Diablillos, Arizaro, and Centenario - host to the world’s largest lithium resources.

You bet this is game changing for AGY and holders. Slap bang in the triangle surrounded by the some of the biggest global lithium players where there is lithium in quantity and quality.
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Salta and Jujuy Provinces are well-known, favourable mining jurisdictions, with the ability to immediately target a development and production strategy through expedited technical works, testing and studies aimed at fast-tracking to feasibility stage. This will be achieved via highly skilled consultants experienced in lithium brine geology, geochemistry, plant design, extraction methodologies and product marketing, who have access to a state-of-the-art equipped laboratory and recently constructed pilot plant in Salta.

Looks like AGY have picked a spot that they can have ease to move quick both in a favourable mining jurisdiction and have the team set up over there to go with experts in the area. The wording here is strong that this project is ready to go full steam ahead at a quick aggressive pace and they are confident of moving quick to fast track to feasibility stage.
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The Company considers the Salar de Pocitos and Mina Teresa Projects may have a comparable setting to other Argentinian lithium projects within the “lithium triangle”, comprising NYSE-listed FMC Corp’s Fenix operations, ASX-listed Orocobre Ltd’s Olaroz operation, Lithea Inc’s Pozuelos Project, and Sentient Group’s Rincon Project.

Some huge companies being compared to here with ASX listed ORE at 800 mill market cap and FMC at 6.2 bill. AGY is still only 12 mill and i believe on potential alone with where these projects sit alone it should be at minimum 20>30 mill market cap. As more info is revealed and work is done this has a move to 100 mill market cap all over it and by years end after the aggressive program is undertaken as stated this could be anywhere considering others in the area are valued at amounts pushing towards or at billions.

Today is just the beginning for AGY and some were selling but some were buying. We may see some changes in sub holders if any were selling over coming days. With DAF being low on cash and having 50 mill AGY shares who knows maybe they decided to cash in to progress their own projects or look for their own acquisitions. Don"t forget they sold 100 mill AGY shares last year at .002 so who knows maybe today they were happy with these prices to fund their own futures.  I would expect some brokers to start looking at this now because as they say location is everything and AGY just bought a cheap house on the best street in the best area. Hold tight.


beSa