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AGY

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2.50%

4.1¢ argosy minerals limited

Ann: Investor Presentation - May 2019, page-149

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WhiteGoldLith

2,830 Posts.

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06/05/19

00:19

Post #: 38419804
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Originally posted by kevin103: ↑

Question to Gift:

Who is paying USD22,000 per ton for LCE ? Current prices are around USD13k to 15k per ton.
What is AGY's current shares on issue ?

Lastly once you know the answer to question 2 - i will give a prediction about getting the 2,000 ton p.a plant built with an estimated cost of USD25mil (AUD35mil) - AGY could issue a further 350mil shares at say 10c per share (even this is giving a 33% premium to the current sp of 7.5c. Yes i am a generous man)

Plug these numbers into your feel good spreadsheet from BTH you might see the share price you were expecting won't come out so nice after all.

By my calculations with real numbers i get a sp of 15c per share for 2,500 t/pa capacity in say 1 to 2 years time and factoring dilutions to production.

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show everyone the calculations champ. You really think a producer of 2500 tonnes of LCE that is most likely by that time finished constructing the ponds for 10k tpa would be worth 15 cents?
AGY Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.1¢		Change 0.001(2.50%)		Mkt cap ! $59.69M

Open	High	Low	Value	Volume
4.0¢	4.2¢	3.9¢	$110.4K	2.681M

Buyers (Bids)

No.	Vol.	Price($)
2	250020	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.2¢	877925	3

View Market Depth

No.	Vol.	Price($)
2	250020	0.040
11	1114571	0.039
12	958707	0.038
13	1460345	0.037
8	984660	0.036

Price($)	Vol.	No.
0.042	877925	3
0.043	878966	7
0.044	1584000	6
0.045	255000	5
0.046	714783	4

Last trade - 16.10pm 26/08/2024 (20 minute delay)

AGY (ASX) Chart