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0.00% 3.8¢ argosy minerals limited

Ann: Argosy signs binding agreement for US Lithium Project, page-115

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  1. DELLIOTT9
    151 Posts.
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    14/08/19
    18:38
    Post #: 39994031
    The way I read it, they pay $10k on signing and a further $50k after DD which will be completed in the next couple of weeks. Then they must pay the renewal of the leases for another year.

    It comes to about $135k total USD for 12 months without factoring in any exploration/admin costs.

    Big future potential, I just trust (hope) they will manage expenses until Rincon is producing some cash flow.
    AGY Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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