AGY 2.50% 3.9¢ argosy minerals limited

Ann: Lithium Pilot Plant Operations Commenced, page-26

  1. 774 Posts.
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    Yes Mara -- steady steady all the pieces of the gigsaw in building a sustainable business are coming together.

    When you have raw material resource, have excellent products (battery grade LCE & Hydroxide) , in house technical production expertise and personalised service , which are and will remain in high demand , a company will be successful.

    Some sceptics will continually look for negatives but soon they will run out of ideas and will be left holding their...... ?

    For the reasons stated in the 2nd para above the two remaining milestones --- OT deal(s) and funding (equity and borrowings) for stages 2 & 3 will happen in the not too distant future. It is inevitable --- very much like going in the food business -- it is a necessary evil .

    And when you assess the assets valuations (resource & production technology ) at this point the only conclusion is that this company is way way undervalued.

    Oh , also remember that no commodity or share price goes in a straight line up or down.
    The price and sentiment of lithium will resume an uptrend (sheer demand from population growth etc etc) very much like iron ore -- which went from US$60 to US$185 and back down to US$40 back up to US$118 recently all in the space of 8 to 9 years.

    Lots to look forward to as the next 6 to 12 months will be the best in the life of this company.



 
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