AGY 41.2% 4.8¢ argosy minerals limited

Ann: Mitsubishi RtM Sales Agreement - Additional Information, page-83

  1. 10,295 Posts.
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    Being a subsidiary of Mitsubishi formed to serve as a metals trading business, IMO are buying at low-ball prices to on-sell for profit, meanwhile supplying their mother company with cheap product to meet their needs.

    Sure enough AGY are starting small but IMO they should have struck a deal with end-user directly.
 
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3.7¢ 5.1¢ 3.6¢ $2.325M 53.80M

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