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clock Created with Sketch. 13/05/16
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Originally posted by Megagene79
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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.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. 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. 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. beSa
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Hi mega
Last edited by
jaymes :
13/05/16
(20min delay)