AGY 6.94% 3.9¢ argosy minerals limited

Ann: Argosy signs binding agreement for US Lithium Project, page-75

  1. 14,029 Posts.
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    "Hi Elon, Pablo here.
    ....What have you got for me?
    Well, we have a resource nearby that will allow us to provide you with battery quality carbonate or hydroxide, whatever you like.
    ....Right, so can you send me samples? How much are you producing?
    It's early days, but we have an operation in Argentina and have tested the US brines in that plant, and there is no issue producing quality product with our customised process.
    ....Right, so when can you get the local operation up and running?
    You provide the cash, we'll sort out a discounted price in return, and we'll get to detailed planning and construction immediately. We'll be able to start shipping product to you in 24 months.
    ....How much capital is required?
    $200m will see 10ktpa
    ....The transfer is underway, make it 18 months. Thanks.
    Done."



    Well.....something like that I suppose!?!?!
    Perhaps a little more DD involved, but when they need to meet their rapidly growing order books, they'll be getting desperate for quality supply.




    Last edited by GCar: 14/08/19
 
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