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ambledream

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31/03/17

11:53

Post #: 23766396
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Originally posted by Megagene79 ↑

Huge vote of confidence in AGY and Jerko that we have some serious Chines players interested in securing partnerships and investments with AGY to fast track to Phs2 and investemnt into Phs3. Looks like the Chinese have broad interests across AGY including the scalable LCE production which can be fast tracked as well as the ability to secure off takes plus the added bonus of AGY's technical expertise in brines. This brine expertise is the key unknown here with huge potential unknown to the market yet.

This stock is seriously undervalued with 2 Chinese parties now who have expressed interest in the fact AGY will be producing in the short to medium term as below from today's announcement. Tell me the stocks on the ASX that will be producing in the short term and what their market caps are. I will tell you straight out you wont find a near term lithium producer with a market cap like AGY with the potential starring you in the face.

"Greatpower are particularly attracted by Argosy’s target to produce lithium carbonate equivalent (LCE) product in the short to medium term at the Rincon Project, and for potential funding, off-take, partnership and/or other value-adding commercial agreements in consideration for Stage 3 development of the Project, and Argosy’s technical team’s expertise and experience in processing and producing LCE product."

AGY is set to be 1 of the few lithium hopefuls on the ASX that actually delivers and goes into production and is part of the massive lithium market over coming years. 50>100 mill market cap on binding agreements for phs2.

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TAW 80M

AGY Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
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Last 7.7¢		Change 0.002(2.67%)		Mkt cap ! $110.6M

Open	High	Low	Value	Volume
7.7¢	7.9¢	7.6¢	$209.5K	2.715M

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0.078	414362	5
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TAW 80M

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TAW 80M

Top Stories

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