AGY 4.00% 12.0¢ argosy minerals limited

Long term, if we're talking 5-10 years, there's absolutely no...

  1. 2,516 Posts.
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    Long term, if we're talking 5-10 years, there's absolutely no doubt AGY will fall behind to at least one other certain ASX-listed lithium stock in Canada. Not sure if you do your research into any other stocks other than AGY, but the advancements of other companies far exceed the speed that AGY are able to come online with full production/scaling.

    I do think AGY will get there, but overall will be rapidly outpaced in terms of scale of production. It doesn't hurt to remember that 10ktpa won't be in production/nameplate until 2028-2030.

    Where as another company has access to a 200-300ktpa already constructed, tried and proven processing plant (something that AGY will never achieve). Granted, the plant acquisition is not a guarantee (nothing is), and the plant does need modification to process lithium, so will know more by end of year. But it's odd you keep suggesting to see how it plays out "longer term", when even your mate Bazza can see other prospects have a brighter future.

    Let's all make money. GL.
 
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