AGY argosy minerals limited

…”it can't be an assessment batch with a view to buying more,...

  1. 14,697 Posts.
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    …”it can't be an assessment batch with a view to buying more, because the plant which made that product has been abandoned


    Comprehension FAIL much?

    Which part of the following do you not understand?


    The Company determined the rectification works that were being conducted to advance the ramp-up phase of continuous operations and progressing production operations may not achieve economic viability in the short term, and whilst lithium markets remain subdued, elected to preserve capital and not invest such funds into the operation.

    The Company will maintain and preserve the 2,000pa facility during this period.

    With ongoing interest from third-party battery industry participant groups for future LCE product off-take, the Company will retain optionality to resume operations (including completing rectification works) if a sustained increase in lithium prices and appropriate operational conditions are realised - thus maintaining its strategic advantage of having a lithium operations facility
    .”

    https://www.argosyminerals.com.au/s...ne 2024 quarterly activities report final.pdf




    Lol the clear desperation to push your “abandoned” narrative is mind boggling.

    Wow
 
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Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $21.83M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $11.39K 785.5K

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No. Vol. Price($)
26 6012069 1.4¢
 

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Price($) Vol. No.
1.5¢ 1994851 13
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Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
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